Consumption

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Club Med owner bets on winter sports in China as skiing craze creates ‘severe shortage’

Fosun Tourism Group, the Chinese owner of the Club Med resort chain, is betting on winter sports facilities to tap…

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New Business Jobs

Can China’s Politburo ‘break the deadlock’ on economic growth as half-year comes in focus?

The meeting is expected to have a more significant impact on market expectations than the third plenum conclave last week,…

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New Business Jobs

Opinion | Why Chinese consumption cannot completely be blamed for global imbalances

China enjoys world-class transport infrastructure and mobile and internet coverage. The remarkably low headline consumption rate is simply at odds…

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New Business Jobs

Beijing seeks to drive up China’s much-needed consumption by upping NEV number plate quota

China’s capital city has increased the quota for new energy vehicle number plates to encourage consumption, a move that arrived…

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New Business Jobs

China’s fine dining scene darkens as economic clouds blot out Michelin stars

Even with an average price of 600 yuan (US$83) per person, the dining room was always bustling. And Rive Gauche,…

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