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China backs Three Gorges megaproject in investment push, hot on heels of giant Tibet dam

China’s top economic planner has flagged a megaproject to expand shipping capacity on the Three Gorges, slated to span the…

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‘Urgent revisions’ mulled for China’s bankruptcy law, with shortcomings in mind

Chinese lawmakers began their first review of draft amendments to the Enterprise Bankruptcy Law on Monday, seeking to address shortcomings…

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China advances development bank to help 10 Eurasian countries curb US dollar risks

A strong push on Monday to create a development bank serving 10 Eurasian countries, including China, would help insulate the…

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New Business

What does the Beidaihe guest list tell us about China’s economic priorities?

As China’s top leaders enjoy their summer retreat at the northern beach resort of Beihaihe, analysts are poring over the…

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New Business

‘Actionable results’, new ideas needed to boost China’s consumption, No 4 official says

The Communist Party’s chief theoretician has urged groups outside the party – including China’s eight minor political parties, industry and…

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New Business

China sees surge in sales of duty-free goods amid inbound tourism boom

Major Chinese cities have reported a surge in purchases of tax-refundable goods by foreign tourists in recent months, as new…

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New Business

China’s coffee lovers skip urban grind for a rural buzz, but is cafe craze sustainable?

She seldom visits the same suburban cafe twice. Asa Jin has her cuppa, takes in the view, snaps her share…

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New Business

China to nearly double nuclear power capacity by 2040 in rapid build-up

China will nearly double its nuclear power capacity by 2040, making it by far the world’s largest nuclear power generator,…

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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

China’s yuan fixing rate hits 2-month high as US dollar drops

China’s central bank set the yuan’s daily fixing against the US dollar at its strongest level in more than two…

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