Alice joined the Post in November 2024 and covers China's economy. She holds a master's degree in journalism from the University of Hong Kong. She was previously a summer intern at the Post and has had internship experience with both Chinese and foreign news outlets.
Yin Zhongli, a senior real estate finance expert advising China’s cabinet, says expanding the trial would bring a new source of revenue for local governments
Wyndham, IHG, Hilton, Marriott, Hyatt and Accor have reported declines in revenue for their China operations as business travel and overall demand slow.
With stability waning in China’s contentious job market, the lure of long-term jobs in rustic regions hearkens back to Mao Zedong’s Down to the Countryside Movement.
China is actively promoting winter sports to spur domestic consumption, with indoor ski resorts in Shenzhen gaining popularity, including with Hong Kong residents.
As China attempts to boost domestic consumption, financial hub Shanghai has reported a notable decline in retail sales for June, showing some weaknesses have persisted.
Weighing up national security concerns and economic burdens, some analysts say that thorough evaluations of public security systems could help lay a track for China’s economic recovery.
A Post review of 23 annual reports from leading Chinese firms found that more than half downsized last year, while others slashed staff-related expenses.
With a service sector struggling to retain jobs amid digitalisation and a relocation of labour-intensive industries, pressures are seen having worrisome economic implications.
Banks and financial service companies in China are recruiting more educated and tech-literate personnel for their debt collections, a reflection of new rules that have professionalised the industry.
The international monetary body announces the research hub on the opening day of the annual Lujiazui Forum, and China’s central bank expects the move to ‘deepen cooperation’ with the IMF.
Nine manufacturers, including BYD, Nio, Changan Automobile and GAC Motor, have been approved to test autonomous driving and other technologies on restricted roads as China seeks new areas to support future economic growth.