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New Business

China’s June new-home prices fall by the most in 8 months as weak sentiment grips market

New home prices across major cities in mainland China made the biggest decline in eight months in June, exacerbating the…

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New Business

Why China’s white- and blue-collar workers are worried about losing their shirts

This is the final story in a three-part series exploring the domestic economic challenges China faces as it navigates an…

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New Business

Xpeng launches G7 ‘Super AI’ SUV, taking on Xiaomi YU7 and Tesla Model Y

Chinese electric vehicle (EV) maker Xpeng launched its G7 SUV on Thursday, sending another contender into a fierce battle in…

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New Business

Chinese firms eye Hong Kong listings after mainland investors’ US$93 billion buying spree

A slew of mainland-listed Chinese technology companies are speeding up fundraising plans in Hong Kong to capitalise on the upbeat…

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New Business

Foreign ice cream is no longer cool in China. Here’s why that matters

For years, Feng Hui, an operations manager living in Guangzhou, made a tradition of taking her daughter Claire to celebrate…

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New Business

China’s central bank doubles down on financing support to boost consumption

China is doubling down on its efforts to encourage domestic consumption, with the central government and the country’s wealthiest province…

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New Business

China’s rolls out official ‘property supermarkets’ to support creaking housing market

With another decline in housing prices in May and sentiment among buyers remaining subdued, Chinese authorities are rolling out “property…

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New Business

No respite in China’s property crisis as new home prices drop for 24th month

New home prices across major cities in mainland China weakened in May, extending the sequential monthly decline to two years…

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New Business

China ‘stepping in’ as property concerns mount, but no ‘treading the old path’

Premier Li Qiang’s remarks on further shoring up the property sector and escalating policy support are said to be indicative…

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New Business

Local governments halt some subsidies on purchases ahead of China’s 618 shopping festival

With e-commerce platforms gearing up for one of China’s biggest shopping festivals of the year, some local governments have suddenly…

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