Foreign buyers have returned to China’s largest trade exhibition, drawn by the array of new energy vehicles and other green products on offer at the Canton Fair.
Buyers and exhibitors of new energy equipment at the Canton Fair are showing boundless optimism as orders rise, but measures likely to be taken against the industry by the US and EU could spoil the fun.
Ahead of China’s quarterly GDP release, survey figures reflect how difficult times have been for half a billion Chinese people, and where their priorities now lie.
Gold markets in China have been inundated with a throng of new buyers, looking to put their money into a commodity which has skyrocketed in value as other investments have lost their lustre.
Premier Li urges Washington to view industrial capacity ‘objectively’ during meeting with visiting US Treasury Secretary Yellen, who raised issue of excessive Chinese exports, especially new energy vehicles and solar panels.
Observers and business figures are seeing changes in global supply chains as the US’ trade restrictions begin to have an effect – and think China needs to readjust its game plan to respond to these shifts appropriately.
China’s 12 national joint-stock banks reported deep salary cuts last year, while 10 lenders also demanded employees return performance-based bonuses, amid Beijing’s ongoing efforts to reshape the financial industry.
Gold purchases have soared in China in recent years, with investors seeking safe-haven assets amid the weak stock market and ongoing property crisis, but a number of scams have been reported.
Amid price slashing and Western threats, on-the-ground accounts reflect how China’s new productive push is creating forces to be reckoned with.
Industry body says companies should avoid ‘disorderly and vicious’ competition as US pushes to avoid overcapacity,
The first two months of 2024 were lucrative for the southern tech hub even as some of its biggest private players and industry champions remain under sanctions imposed by Washington.
A product which allows residents of mainland China to make deposits in Hong Kong has underwhelmed as a route for investment, leaving potential users wishing for more expansive options.
As China prepares for its annual legislative sessions, the methods used last year to prop up economic growth appear less reliable than before, prompting calls for a large-scale re-evaluation of policies and prospects.
Migrant workers returning after the Lunar New Year holiday in China have low expectations for a pay rise this year, as the number of jobs is not as high as last year.
After years of riding a wave of worldwide interest in Chinese paintings, artefacts and other pieces, domestic dealers lament the lack of enthusiasm after the pandemic.
Officials in Guangdong, Shandong, Anhui and Liaoning convene meetings to find ways to boost investment and overhaul technology.
After five years, China’s efforts to integrate its populous south under its Greater Bay Area blueprint appear to have borne fruit, with transport between regions already taking less time – and future construction aims to make those trips even faster and easier.
Local governments across China announce incentives of up to US$140 for those who help unmarried men find wives as some policymakers worry gender imbalance and surplus of single men could affect stability and development in countryside.
As geopolitical changes increase the cost and stress of doing business from home, Chinese companies are finding alternative locations for production, particularly in Southeast Asian countries like Vietnam.
Guangdong would ‘pace up construction’ of China’s Greater Bay Area plan in 2024, having set an economic growth target of 5 per cent, governor Wang Weizhong said on Tuesday.
China’s crucial middle class, an oft-cited group of 400 million, may shrink in the absence of a strong economic recovery.
China launched an anti-dumping investigation into brandy imports from the European Union earlier this month amid an increasing trend for Chinese consumers to buy domestic brands.
Gold prices reached new highs in China last year, with the retail market witnessing a gold rush, particularly in lower-tier cities and less affluent counties, as it is seen to offer more security during an economic downturn.
Russia’s economy appears to have defied the Western sanctions that followed its invasion of Ukraine in February 2022, potentially offering China some insight amid its ongoing economic and technological rivalries.
Despite the bleak employment situation in China, overseas vacancies are increasing as firms tap new markets.
But beware of travel disruptions caused by heavy fog and haze, weather authorities warn.
China’s top economic planner says 16 of the 20 major goals included in its 14th five-year plan for 2021-25 are within expectation or better than anticipated, according to a midterm assessment.
Several of China’s major property developers have been delaying payments to small private suppliers or contractors – in direct contradiction to high-level instructions imploring their debts be settled promptly.
China’s official unemployment rate has remained stable over the past few months, but suspended production and long unpaid leave has been reported in some manufacturing sectors.
An education policy enacted six years ago means that only half of junior high students in China can go on to get academic degrees in the country, and many parents don’t like those odds.