As the period covered by China’s next five-year plan begins, the official newspaper of the country’s ruling Communist Party urged…
Read More »deflationary pressure
Small restaurants across mainland China have taken a beating as budget-conscious consumers refrain from dining out because of prevailing pessimism…
Read More »International and Chinese consumer brands will be forced to maintain a low-price strategy in mainland China amid persistent deflationary pressures,…
Read More »President Xi Jinping has called for more efforts to develop a unified domestic market, arguing that it will be crucial…
Read More »China has launched a year-long plan to offer interest subsidies for personal consumer loans as part of Beijing’s broader efforts…
Read More »China’s consumer prices rose for the first time in five months in June, but the modest gain still pointed to…
Read More »China has made boosting consumer spending a key policy priority in recent months, as it tries to rebalance its economy…
Read More »Factory activity in China edged upwards in June but stayed in contractionary territory for a third straight month, as the…
Read More »While the rise of artificial intelligence (AI) is set to mitigate an expected shortage of labour in China in the…
Read More »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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