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SCMP Economy Series

Will China’s economy charm in the Year of the Snake?

Lunar New Year, arguably China’s biggest annual holiday, can be seen as a barometer for the country’s economy. As more than 1 billion people travel, shop, eat and give gifts to family and friends, their preferences and habits paint a picture of the nation’s consumption over a few festive weeks. This nine-part series covers bonuses, flower sales and more.

Updated: 01 Feb, 2025
Will China’s economy charm in the Year of the Snake?
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[1]

Why are fewer Chinese employees looking forward to Lunar New Year bonuses?

Workers use bonus levels to gauge companies’ financial health and competitiveness in the coming year.

25 Jan, 2025
Fewer Chinese employees are looking forward to Lunar New Year bonuses this year. Photo: Shutterstock
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[4]

‘Incomparably nice’: Chinese supermarket wins viral fame for stellar service

Pangdonglai has proved there is still life in bricks-and-mortar retail in China, with customers queuing for hours outside its stores ahead of the Lunar New Year holiday.

28 Jan, 2025
Customers crowd the aisles in a Pangdonglai supermarket in Xuchang, Henan province. Photo: Weibo
[7]

High-steaks challenge: how China feeds its huge, meat-hungry population

China’s 1.4 billion consumers have developed Western-style appetites for high-protein foods such as pork and beef, prompting far-reaching changes in the global economy.

30 Jan, 2025
Shoppers purchase beef at a supermarket in southeastern China. The country’s meat consumption has risen rapidly over the past decade. Photo: Getty Images
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