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New Business

China’s industrial profits surge in September, logging highest growth in nearly 2 years

Chinese industrial firms saw their highest earnings surge in nearly two years last month, as production revved up while declines…

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New Business

China must stay focused on ‘own work’ despite external challenges, Xi says

During the preparatory period for China’s next five-year plan, President Xi Jinping stressed the country needed to stick to its…

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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

Young Chinese put retirement plans on hold amid slowing economy, demographic crisis

For many young people in China, the government’s call to prepare for retirement decades in advance feels out of touch…

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New Business

Opinion | China knows how to produce. The next test is whether it can consume

For the better part of the last decade, China’s economic narrative has been defined by one central doctrine: “supply-side reform”.…

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New Business

Tencent offers 28,000 internships as China grapples with youth unemployment

Chinese technology giant Tencent Holdings announced a significant campus recruitment initiative on Thursday, offering 28,000 internships over the next three…

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New Business

Opinion | China can take a leaf from post-war America on work-relief programmes

To combat the economic devastation of the Great Depression, US president Franklin D. Roosevelt deployed work-relief programmes – providing government-funded…

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New Business

China’s factory activity growth slows again as Trump tariffs loom

China’s manufacturing activity unexpectedly declined for a second straight month in January, underlining the need for Beijing to step up…

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New Business

China’s top political adviser, Wang Huning, reaffirms support for private economy

China’s No 4 political figure has rallied efforts to strengthen entrepreneurs’ confidence, as the employment-vital private sector braces for a…

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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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