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New Business

‘Eating into old savings’: can China’s 15th 5-year plan be a panacea for spending woes?

As China drafts its 15th five-year plan – the next entry in a line of expansive blueprints that have set…

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New Business

Working in Hong Kong, living in Shenzhen: why people are making move to mainland city

At 8.30am on Monday, 24-year-old Lisa Sun leaves her flat in Shenzhen and begins her long commute to work. It…

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New Business

As tariffs hit China, ‘bold moves’ by foreign firms may bolster market share, US CEO says

While the US business community is wringing its hands with a growing sense of trepidation over the impact of swelling…

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New Business

Explainer | China’s economic recovery gathers pace, led by manufacturing, but risks remain

1. Manufacturing improvement ‘broad-based’ China’s official manufacturing purchasing managers’ index (PMI) – a survey of sentiment among factory owners –…

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New Business

China’s factory activity remains in contraction amid weak economic momentum

A reading above 50 typically indicates an expansion of economic activity, whereas a reading below implies a contraction. “China’s economic…

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New Business

China’s consumption drive falls on deaf ears as consumers remain cautious, ask for more

China has also allocated around 300 billion yuan (US$42 billion) worth of ultra-long-term special government bonds to support industrial-equipment upgrades…

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New Business

China looks for new ways to boost spending on services, from senior care to tourism

The country posted a 5 per cent increase in gross domestic product in the first half of the year from…

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