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2 mins read
It's so tough to pay cash in China that the government had to fine a KFC for not accepting banknotes
China has been pushing for businesses to leave the door open for customers to use cash, with foreig…
Matthew Loh
2 mins read
Xi wants to boost trade and investment between Europe and China. It won't be easy.
A record low 42% of EU companies said they plan to expand their operations in China this year, acco…
Huileng Tan
2 mins read
China stocks have wiped out all of their gains since reopening from pandemic lockdowns
Over the past week alone, foreign investors dumped a net 24 billion yuan, or $3.3 billion, of onsho…
Jennifer Sor
3 mins read
China's economy is facing a nightmarish Year of the Dragon
The failure of Evergrande, the world's biggest property developer, is another headache for Beijing …
George Glover
2 mins read
China's economic plans make a trade war likely whether Biden or Trump wins the presidency
"Structural changes in China's economy mean that Washington and Beijing are on a collision course o…
Filip De Mott
2 mins read
China is laying out ambitious growth goals for 2024, and even Beijing knows they'll be hard to hit
China, the world's second-largest economy, is targeting GDP growth of about 5% in 2024. The country…
Huileng Tan
2 mins read
China has vowed to save its crashing stock market, but investors are just not convinced
China vowed to crack down on short-selling and insider trading, attract investment from longer-term…
Huileng Tan
3 mins read
Why the start of the year has been so brutal for China's stock market
There are fundamental concerns about China's economy and Beijing's will to prop it up. "Snowball" d…
Huileng Tan
4 mins read
China's economy looks like a mess but some sectors are quietly doing well in its '2-speed economy'
"Consistent bad news from the property sector has overshadowed more resilient parts of the economy,…
Huileng Tan
3 mins read
4 reasons why China's economy will keep struggling in 2024
An ongoing property-sector crisis, weakening domestic demand, and an eroding labor market all pose …
Phil Rosen
2 mins read
A mega restaurant chain is on a mission to get half of China to eat KFC and Pizza Hut by 2026
Yum China operates over 10,000 KFCs and 3,300 Pizza Huts in China, with more than half of these sto…
Matthew Loh
2 mins read
Xi just fired China's top markets regulator. It shows his focus is still on control above all else.
China replaced its top markets regulator late on Wednesday following news Xi was to meet with the a…
Huileng Tan
1 min read
China is mulling rare intervention to arrest a $6 trillion stock-market meltdown, report says
Beijing is considering intervening to try to stabilize the crashing market, according to a Bloomber…
George Glover
2 mins read
China's economy may not overtake the US, but a Trump presidency would still help Beijing: former IMF official
China will find it hard to sustain a growth rate at 4% to 5% in the next few years, said Eswar Pras…
Huileng Tan
2 mins read
China's population keeps falling — and that's more bad news for the world's 2nd-largest economy
Beijing is already battling deflation, weak consumer demand, and an ongoing property-market crisis …
George Glover
2 mins read
40% of Chinese people infected with Covid in last month, say experts
According to an internal document of the Chinese CDC, 248 million people were infected by the coron…
ANI
3 mins read
H9N2 virus spreading among children, has connection with winter: Director of Lady Harding Hospital
After the Union Health Ministry recently said that it is closely monitoring the reported outbreak o…
ANI
2 mins read
Ohio announced an outbreak of pneumonia. Similar outbreaks are happening in China and Europe.
Ohio, China, Denmark and the Netherlands are all experiencing pneumonia outbreaks in children. Publ…
Kate Hull
2 mins read
China's economy will continue to slow as no clear growth drivers will emerge for years, top analyst says
"Property will never go back to being the type of big massive driver of GDP and economic growth tha…
Filip De Mott
1 min read
China's battered economy suffers another blow as Moody's slashes its credit outlook
Beijing has rolled out stimulus packages and ramped up borrowing in a bid to support the embattled …