China’s manufacturing activity slipped to a five-month nadir in July as factories grappled with falling new orders and low prices, an official survey showed on Wednesday, pointing to a grinding second half for the world’s…
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China’s Consumer Woes Mount as Weak Spending Slams Global Brands
President Xi Jinping’s government is facing growing pressure to address China’s consumer spending downswing, as it becomes one of the biggest threats to global economic growth.
Brands from Starbucks to LVMH are really hurting in one big market
Brands like Starbucks, LVMH, and L’Oreal struggled in China last quarter as consumer spending dropped. Chinese consumers are saving more and spending on experiences over products. Starbucks plans to …
China’s Xi calls for strong border defences ahead of PLA anniversary
China’s President Xi Jinping has called for the building of strong border, sea and air defences to protect the country’s territorial sovereignty and maritime interests, the official Xinhua news agency …
China tenant shocked by grisly past of home after stumbling upon TV crime show
An unsuspecting rental tenant in a modest property in China was shocked to discover from a short video that his home was the scene of a grisly murder 10 years ago.
How should investors make sense of China’s Plenum, priorities and politics?
CHINA’S leaders had an unenviable job at their Third Plenum from Jul 15 to 18. The meeting – so called because of its order in a cycle of policy-setting summits held every five years to…
China tenant shocked by grisly past of home after stumbling upon TV crime show
An unsuspecting rental tenant in a modest property in China was shocked to discover from a short video that his home was the scene of a grisly murder 10 years ago.
The Third Plenum and China’s Economic Growth Challenges
Third Plenum highlights reforms for housing, fiscal policy, and addressing challenges, but lacks focus on stimulating consumption
China’s manufacturing activity contracted in July, the monthly Purchasing Managers’ Index says
A closely watched measure of Chinese manufacturing activity remained negative in July as concern persists about the state of the world’s second largest economy.
China PMIs Signal Continued Softness in Manufacturing, Slowdown in Services
China’s manufacturing activity extended its decline for a third consecutive month in July, as both production and market demand fell.
Asia markets mostly climb as investors assess China business activity data, await Bank of Japan rate decision
Japan’s Nikkei 225 fell as the country’s central bank raised benchmark interest rates to around 0.25%. This marks the first time since 2008 that Japan’s benchmark interest rate stands higher than 0.1% …
What’s It Like Traveling to China These Days?
China has been rolling out new visa-free programs and promising to make travel easier for foreigners. But challenges remain.
China to gradually implement consumption tax reform, minister says
China will gradually implement consumption tax reform through different items and standardise management of local governments’ non-tax revenues, Vice Finance Minister Wang Dongwei said at a press conference in Beijing on Wednesday.
