deflationary pressure

New Business

China discourages trend-chasing among officials, warning of ‘involution’

As the period covered by China’s next five-year plan begins, the official newspaper of the country’s ruling Communist Party urged…

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New Business

Small restaurants in China starve as consumers suppress appetite for spending

Small restaurants across mainland China have taken a beating as budget-conscious consumers refrain from dining out because of prevailing pessimism…

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New Business

Consumer brands in China face fraught future amid frugal spending forecast

International and Chinese consumer brands will be forced to maintain a low-price strategy in mainland China amid persistent deflationary pressures,…

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New Business

China’s Xi calls for building unified market to ‘secure an edge’ in global race

President Xi Jinping has called for more efforts to develop a unified domestic market, arguing that it will be crucial…

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New Business

China seeks to bolster demand by subsidising interest costs on consumer loans

China has launched a year-long plan to offer interest subsidies for personal consumer loans as part of Beijing’s broader efforts…

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New Business

China’s consumer prices edge up in June, but deflation worries persist

China’s consumer prices rose for the first time in five months in June, but the modest gain still pointed to…

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New Business

Explainer | How can China get consumers spending? Here are 5 ideas being floated in Beijing

China has made boosting consumer spending a key policy priority in recent months, as it tries to rebalance its economy…

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New Business

China’s factory activity rebounds in June as US trade tensions ease

Factory activity in China edged upwards in June but stayed in contractionary territory for a third straight month, as the…

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New Business

AI might be answer to China’s labour woes, but could also fuel deflation, report says

While the rise of artificial intelligence (AI) is set to mitigate an expected shortage of labour in China in the…

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New Business

‘Full of gunpowder’: new price wars among China carmakers mask hidden dangers, Beijing warns

Beijing has amplified its warnings over cutthroat price wars among carmakers as deflationary pressure persists in the world’s second-largest economy,…

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