China is facing a rocky road to reflation after its actual CPI growth stayed far below annual control targets, and regional governments appear less hopeful that consumer demand will markedly rise this year.
Though China’s birth rate rose this year after an all-time low in 2023, the country’s overall population continued its decline.
The National Bureau of Statistics published GDP and population numbers for 2024, data that will inform policy decisions for the year ahead.
Parent company of Calvin Klein and Tommy Hilfiger; chemical-compound exporters; and US chip companies are on radar of China’s commerce authorities and subject to possible retaliation.
Latest report from EU Chamber of Commerce in China also flags increased costs and market barriers that are ‘stripping away global competitiveness’.
Fears expressed that heavier burdens stemming from a focus on finding a job and making money could add to China’s demographic crisis.
30 Dec 2024 - 4:05PM videocam
US has highest index for trade friction with China, China Council for the Promotion of International Trade says.
To avoid the pitfalls of overambitious spending, heavily indebted authorities must ‘know where to hit the brakes’, think tank says.
Relocating operations or restructuring supply chains remain costly and complex challenges.
14 Dec 2024 - 8:00AM videocam
Concept of ‘bold capital’ has emerged amid national efforts to improve policy environment for investors that both encourages and forgives their attempts.
Despite a bevy of US restrictions on China’s semiconductor trade, chip shipments remain high even as overall exports miss expectations.
12 Dec 2024 - 9:15AM videocam
Urban infrastructure projects in the coming years will be worth trillions of yuan and provide a means of boosting jobs and stabilising China’s economy.
11 Dec 2024 - 10:00AM videocam
Two Chinese economists have seen account restrictions after transcripts of speeches questioning official data garnered attention online.
7 Dec 2024 - 4:00PM videocam
Most polled firms lament losses, and few plan to increase investments in the foreseeable future as economic challenges mount.
6 Dec 2024 - 4:36PM videocam
South Korea’s six hours of martial law caused some concern among Chinese tourists and tradespeople, but most effects should be short-term.
4 Dec 2024 - 4:55PM videocam
Almost 60 per cent of firms surveyed by the British Chamber of Commerce in China reported an increasing difficulty to operate in China this year.
Nationals of nine countries can now enter China without a visa, taking the total to 38, while those from 54 get visa-free transit.
1 Dec 2024 - 7:00PM videocam
US president-elect Donald Trump has nominated international trade lawyer Jamieson Greer as the next US trade representative.
27 Nov 2024 - 5:14PM videocam
Vice-President Han Zheng spoke on the opening day of the China International Supply Chain Expo in Beijing, hours after Donald Trump’s latest tariff threats.
27 Nov 2024 - 5:11PM videocam
An elongation of critical supply chains bringing Chinese goods to the US is expected to be a boon for ‘made by China’ in third countries.
Deepfake tools may be used by spy agencies as a new weapon for ‘cognitive warfare’, state security ministry cautions in social media post.
24 Nov 2024 - 7:15PM videocam
China’s sparsely populated border with Central Asia, which is losing residents quickly, was named by a researcher as an area not to ignore.
24 Nov 2024 - 2:00PM videocam
Better social welfare could increase financial security and encourage spending, while cash handouts could quickly lift consumption, economists say.
21 Nov 2024 - 4:06PM videocam
People face less daunting financial pressures and lesser debt burdens in smaller Chinese cities, with relatively stable expectations about the future.
20 Nov 2024 - 10:24AM videocam
Liu Chang says her parents’ generation enjoyed more entrepreneurial advantages but companies can still find opportunities.
As China’s first-generation entrepreneurs reach old age, their companies grapple with succession dilemmas and a new business landscape.
16 Nov 2024 - 7:18AM videocam
Economists spoke after Beijing unveiled its debt-relief plan following a week-long meeting of China’s top legislative body.
China’s export container freight index for shipments for US east and west coast routes stabilised and rebounded at the start of November.
11 Nov 2024 - 1:49PM videocam
China’s top legislative body approved additional debt relief for local governments and promised more support next year.
Local governments in China are urging officials to spare no effort in meeting annual economic targets as 2024 nears its end.
6 Nov 2024 - 8:00AM videocam