Advertisement
Advertisement
-
TOPIC

China’s private sector

China’s private sector
The latest news, analysis and opinion on China’s private sector. In-depth analysis, industry insights and expert opinion.
Sales of Labubu, the group’s flagship intellectual property, exceeded 100 million units last year. Photo: Xinhua
Middle East

China’s Pop Mart gains on earnings hopes as investors eye growth beyond Labubu

The toymaker’s stock gains as user growth, livestream sales and overseas expansion signal resilience despite softer consumer demand in China.

China Future Tech briefing

Biomedicine | China challenges US in new drugs after industry transformation

China jobs

As jobs dry up, China’s graduates turn to booming ‘micro drama’ industry

6
Mainland China

China’s Year of the Horse shoppers let emotional satisfaction take the reins

Brand prestige fades in importance as consumers favour festival-themed toys, playful designs and pet items.

Pop Mart sold out of its Have a Good Run series. Photo: Handout
Hong Kong

How Western brands are adapting to China’s changing consumer landscape

Starbucks’ China stake sale signals a seismic shift, as global firms retreat amid rising competition, price wars and evolving consumer tastes.

12
Hong Kong

China’s Kuaishou slapped with US$17 million fine after explicit content probe

The fine comes days after a separate e-commerce penalty, adding pressure on China’s No 2 short-video platform to tighten controls.

Advertisement
Advertisement
Advertisement
Mainland China

Meituan snaps up Dingdong to deepen push into fresh grocery retail

The US$717 million Dingdong acquisition highlights Meituan’s long-term bet on grocery e-commerce and on-demand consumption in China.

China’s food delivery giant Meituan has aquired Dingdong for US$717 million. Photo: Handout
China deflation

China raises taxes on select sectors: a one-off fix or tough times ahead?

A broader push to raise taxes across the private sector is not on the cards, economists say.

Investing

China’s gold trading hub on edge: what is happening – and why now?

Uncertainty spreads in Shuibei as second platform falters, spooking investors.

videocam
10
Banking & finance

China pushes to shore up government finances with tax rises on several sectors

Beijing targets tax incentives in telecoms and other industries after seeing fiscal revenue drop sharply in late 2025.

videocam
China has raised taxes on telecoms giants including China Telecom as part of a push to shore up government finances. Photo: Shutterstock
China economy

Opinion | Fears of overcapacity ignore China’s full balance of payments picture

The right question to ask is whether China’s overall current account represents a destabilising imbalance that siphons growth from trading partners.

videocam
People shop at an international duty free shopping centre in Haikou, Hainan province, on December 18, 2025. Photo: Xinhua

AstraZeneca unveils US$15 billion China investment as Starmer visits Beijing

The drug maker says the funding will expand medicines production and research capabilities, as London and Beijing seek to rebuild momentum.

13
Hong Kong stock market

Muyuan Foods courts cornerstone investors for Hong Kong listing

Thai conglomerate expected to join a group of cornerstone investors in a deal that could raise about US$1.5 billion.

United States

Pop Mart rallies in Hong Kong on aggressive push into US retail market

Shares of Labubu toymaker Pop Mart jumped after the Chinese firm unveiled plans to open more than 20 new stores in the US this year.

Interior signage featuring Pop Mart’s logo and collectible characters at a store in San Francisco. Photo: Getty Images
Shanghai

Partnerships, not plants: Chinese companies rethink overseas expansion strategy

Executives are urging a measured approach as Chinese firms turn to global markets amid intensifying competition at home.

Brian Gu, vice chairman and co-president of Xpeng. Photo: Li Cao
China technology

China’s private sector increases presence among top 100 listed firms

US think tank’s report says non-state sector is bouncing back from three-year slump.

videocam
China economy

China’s drug and medical device sector fuels growth with record licensing deals

China’s pharmaceutical industry surges on ageing demand and global expansion, with revenue forecast to top US$2.1 trillion by 2030.

Advertisement
Advertisement
Advertisement
Regulation

Beijing opens antitrust investigation into Trip.com before Lunar New Year break

The Trip.com case shows how China’s regulatory inquiries into various online platforms have become the norm.

Trip.com Group is China’s largest online travel services provider. Photo: Shutterstock
Consumers

Changing tastes: China’s new affluent consumers seek quality not extravagance

Rise of upper middle class reshapes China’s retail market, driving demand for quality goods and creating a battleground for global brands.

4
Mainland China

China to probe food delivery platforms under anti-monopoly law

State Council announcement cites ‘excessive subsidies’ and ‘price wars’ in document unveiling market assessment for online delivery services.

videocam
Mergers & Acquisitions

China’s M&A revival points to deeper investor confidence in growth prospects

Deal value is expected to rise, with strategic transactions and overseas ambitions driving momentum.

Sectors representing Chinese firms’ technology innovation will likely be the main engines of China M&A, including automobile components and life sciences, according to industry experts. Photo: Shutterstock
Consumers

Small restaurants in China starve as consumers suppress spending appetite

Per-capita spending per meal has dropped nearly 24 per cent since 2023, data provider says, as property slump sows uncertainty.

7
A costumed man promotes restaurant specials in Beijing on December 2, 2025. Photo: AFP
China's economic recovery

China broadens foreign investment list in renewed pitch for overseas capital

The catalogue, which lists the sectors carrying policy incentives for overseas investors, has hundreds of new entries, many in advanced manufacturing.

Mainland China

From swoosh to local: Nike stumbles in China as home-grown rivals close the gap

Nike’s sharp drop in China sales underscores intensifying competition from home-grown brands amid changing consumer tastes.

5
Biomedicine: Companies

BeOne Medicines names R&D chief Wang Lai as president amid global expansion

BeOne generated global revenue of about US$3.8 billion last year, driven by its flagship products Brukinsa and Tevimbra.

BeOne’s manufacturing facility in Guangzhou. Photo: Handout
China innovators

China’s growing young billionaire class masks innovation hurdles, analysts say

Technological innovation – one of Beijing’s top priorities – is helping to drive wealth creation, report says.

Wang Ning, the 38-year-old founder and CEO of Pop Mart, is one of China’s youngest billionaires.
China's space programme

China launches satellite ‘super factory’ in bid to rival Elon Musk’s Starlink

The facility features a ‘factory-to-launch’ pipeline, expected to make it faster and cheaper to build low Earth orbit constellations.

18
Tencent

Tencent quits Paramount’s Warner Bros bid amid US regulatory concerns

Tencent has been dropped as a financing partner from Paramount Skydance’s US$108 billion hostile bid for Warner Bros Discovery.

Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement