https://www.scmp.com/rss/523720/feed The latest news and top stories on Capital University of Economics and Business. A Beijing-based public university, Capital University of Economics and Business (CUEB) is dedicated to advocating morality, valuing competence, strategising national development and serving the people. Its main areas of focus include economics, management, law, literature, science and engineering. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Mandy Zuo Mandy Zuo China is gearing up to harness the extended Lunar New Year holiday to attract more spending by international tourists, as the country looks to shake off a recent economic slowdown and pivot towards consumption-driven growth. In a rare joint initiative by nine central government departments, Beijing announced plans earlier this month to turn the holiday – which this year began on Sunday and runs through February 23 – into a “consumption feast that links regions and engages everyone”. The move... https://www.scmp.com/economy/china-economy/article/3343743/china-targets-foreign-tourists-lunar-new-year-consumption-feast?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3343743/china-targets-foreign-tourists-lunar-new-year-consumption-feast?utm_source=rss_feed Wed, 18 Feb 2026 13:00:10 +0000 Mandy Zuo Mandy Zuo In China's biggest cities, many of the trendiest nightlife spots aren’t known for their craft cocktails or stunning views, but for an unusual feature: fortune-telling. Sip of Oracle, a self-styled “spiritual bar” in central Shanghai, encapsulates this trend with its whimsical slogan, “Explore the unknown in a tipsy haze.” Kate Li, a Shanghai bank employee reeling from a recent pay cut, stumbled upon the establishment with friends one weekend. “We were venting about work and curious about our... https://www.scmp.com/economy/china-economy/article/3327790/tarot-your-merlot-why-chinas-consumers-are-spending-spiritually?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3327790/tarot-your-merlot-why-chinas-consumers-are-spending-spiritually?utm_source=rss_feed Sun, 05 Oct 2025 08:00:14 +0000 June Xia June Xia The world’s largest jewellery company by volume is facing a wave of store closures across China – a move that serves to illustrate a broader retreat by foreign brands as consumer preferences shift towards practical products that offer more value for the money. Danish jewellery brand Pandora, known for its fast-paced product launches and global sales of more than 100 million pieces a year, announced in its second-quarter earnings report on August 15 that it would expand its original plan to close... https://www.scmp.com/economy/china-economy/article/3322815/foreign-brands-china-are-losing-market-share-domestic-rivals-year-after-year?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3322815/foreign-brands-china-are-losing-market-share-domestic-rivals-year-after-year?utm_source=rss_feed Sun, 24 Aug 2025 10:00:14 +0000 Brian Rhoads,Raymond Ma Brian Rhoads,Raymond Ma China has launched its first national childcare subsidy scheme in an effort to help reverse a long-term decline in its population, which fell for a third consecutive year in 2024, to 1.4083 billion. Under the scheme, rolled out on Monday, parents will receive 3,600 yuan (US$502) annually for every child born on or after January 1, 2025, until they turn three. The subsidy is payable whether the child is their first, second or third. Children born before January 1, 2025 but still under three years... https://www.scmp.com/plus/article/3319968/chinas-us500-year-baby-subsidy-boost-population?utm_source=rss_feed https://www.scmp.com/plus/article/3319968/chinas-us500-year-baby-subsidy-boost-population?utm_source=rss_feed Tue, 29 Jul 2025 09:00:09 +0000