economic slowdown

New Business

China’s fruit lovers relish the taste of ‘cherry freedom’ as prices plunge

Lunar New Year, arguably China’s biggest annual holiday, can be seen as a barometer for the country’s economy. As more…

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New Business

People like Musk ‘important bridges’ in ties: former AmCham China head Roberta Lipson

American business leaders with “significant” investments in both the US and China – such as Elon Musk – can serve…

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New Business

Alibaba sells hypermarket operator Sun Art for US$1.7 billion to refocus on e-commerce

The deal between Alibaba and Chinese private-equity firm DCP Capital was reached on the last day of 2024, involving the…

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New Business

Hong Kong’s Community Chest feels the pinch as cracks in economy, markets hit donations

It is the season to give as the year-end festivities approach. But cracks in the economy in recent years have…

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New Business

China’s bull run on bonds triggers fresh warning from central bank amid record-low yields

With the yields of Chinese government bonds slipping to record lows, China’s central bank has issued a stern warning to…

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New Business

China’s food delivery platforms enforce breaks for riders clocking more gig economy hours

China’s two major on-demand delivery service providers, Meituan and Ele.me, have introduced new features that alert or forcibly log out…

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New Business

Opinion | A US$1 trillion property bailout is the last thing China’s economy needs

But there is a natural bottom to the economic slowdown. As households spend less on property, they can eventually spend…

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New Business

China’s countryside calls to city-dwellers: settle in, relax and revitalise rural regions

His salary, of course, took a hit. But he was still pulling in 5,000 yuan a month. And while he…

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