Top Chinese banks' profits stagnate, margins shrink as economy weighs
The Industrial and Commercial Bank of China (ICBC), the world's largest lender, and China Construction Bank (CCB), the nation ...
China's restaurants race to the bottom in deflation-hit economy
A record 3 million restaurants went out of business in 2024 as consumers skimped on eating out as China's economy slowed.
Why is China spending billions to get people to open their wallets?
That's on top of a $41bn discount programme that covers a wide range of things, from dishwashers and home decor to electric ...
China's property market edges toward an inflection point
UBS analysts on Wednesday became the latest to raise expectations that China’s struggling real estate market is close to ...
Reuters2d
China vice premier pledges more policy support, says economy started 2025 well
BOAO, China, March 27 (Reuters) - Chinese Vice Premier Ding Xuexiang said on Thursday that the world's second-biggest economy had started 2025 well and that further steps would be taken to shore ...
EconoTimes7d
China’s Restaurant Meltdown: Price Wars, Closures, and a Struggling Economy
In a rundown warehouse on the outskirts of Beijing, entrepreneur An Dawei surveys rows of used industrial kitchen ...
Half their pay — gone! China's ruthless overhaul targets struggling mutual fund managers
Chinas securities regulator proposes pay cuts of up to 50% for underperforming fund managers. The move aims to restore ...