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New Business

Out of luck: how a global downturn took the shine off China’s crystal industry

Crystals – shimmering stones believed to carry “healing powers” and “fortune-boosting energy” – are captivating consumers worldwide. On TikTok, the…

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New Business

China’s property slump is not over yet with home sales, rents under pressure: Fitch

China’s property market downturn is likely to persist this year with slower home sales and construction activity, hobbled by “structural…

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New Business

Chinese consumer sentiment nears ‘tipping point’ after stimulus barrage: UBS

China’s consumer sector, long plagued by a property slump that has slowed the economy and dampened sentiment, could be nearing…

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New Business

China’s controversial jobless rate needs to be reformed, scholar urges

China should strive to improve its unemployment statistics, as these are key to better capturing the country’s economic reality and…

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New Business

The View | Trumponomics won’t be the most influential factor in Asian property markets

Wall Street banks’ predictions for the year ahead invariably focus on investment themes and economic indicators. Not this year. A…

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New Business

China’s infrastructure spending may surge in 2025 to meet 5-year goals

With the clock ticking down on China’s 2021-25 five-year plan, many infrastructure targets remain unmet, setting the stage for a…

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New Business

Breaking | Macau to host NBA games as part of multimillion-dollar deal

The National Basketball Association (NBA) has signed a multimillion-dollar, five-year agreement to stage preseason games in Macau, taking the sport…

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New Business

Opinion | Hong Kong stock market’s best bet is more access to mainland savings

Hong Kong is a key beneficiary of mainland China’s high household savings rate. A spillover of capital into Hong Kong…

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New Business

Opinion | As Chinese graduates opt for government jobs, what of the private sector?

However, as the Chinese saying goes, “thirty years east of the river, thirty years west of the river”. In other…

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