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China economy
China vows to boost consumption, national security after key meet

China vows to boost consumption, national security after key meet

China's ruling Communist Party said Thursday the country has to "vigorously boost consumption" and "consolidate national security" in the next five years, state media reported, as a key gathering concluded in Beijing.
Jaded young Chinese reset lives with rural 'retirement'

Jaded young Chinese reset lives with rural 'retirement'

Trump threatens additional tariffs on China, terminates talks

Trump threatens additional tariffs on China, terminates talks

Overseas properties lose shine for China middle-class investors

Overseas properties lose shine for China middle-class investors

Middle-class investors in China have been shying away from foreign properties amid the country’s sluggish economy and real estate crisis.
March 4, 2025 | 03:18 pm PT
Quiz: Which country was the biggest gold consumer in 2024?

Quiz: Which country was the biggest gold consumer in 2024?

This country consumed a total of 857.1 tons of gold last year, according to the World Gold Council.
February 11, 2025 | 03:00 pm PT
China bets on $11B consumer trade-in scheme to revive economic growth

China bets on $11B consumer trade-in scheme to revive economic growth

China added more home appliances to the list of products that can be used in its $11 billion consumer trade-in scheme and will offer subsidies for additional digital goods this year, in an effort to revive demand in the sluggish household sector.
January 9, 2025 | 09:03 pm PT
World's second-largest economy grows 4.7%, below forecast

World's second-largest economy grows 4.7%, below forecast

China's economy grew much slower than expected in the second quarter as a protracted property downturn and job insecurity knocked the wind out of a fragile recovery, keeping alive expectations Beijing will need to unleash even more stimulus.
July 15, 2024 | 06:46 pm PT
Quiz: Which country is the largest gold consumer?

Quiz: Which country is the largest gold consumer?

This Asian country consumed over 900 tons of gold last year, more than any other nation in the world, according to the World Gold Council.
June 30, 2024 | 03:07 pm PT
Chinese people rush to gold amid uncertain economy, crisis-ridden real estate market

Chinese people rush to gold amid uncertain economy, crisis-ridden real estate market

People in China have been turning to gold despite rising prices as the precious metal is deemed the best safe haven asset amid economic uncertainties and a crisis-hit property sector.
June 18, 2024 | 10:58 pm PT
China's consumer prices rise for third month, factory deflation persists

China's consumer prices rise for third month, factory deflation persists

China's consumer prices rose in April for a third straight month, while producer prices extended declines, suggesting resilient domestic demand, despite a shaky economic recovery.
May 10, 2024 | 06:34 pm PT
China trade surges in first two months of 2024

China trade surges in first two months of 2024

China's exports sharply accelerated in the first two months of 2024, official figures showed Thursday, providing policymakers a bright spot as they battle to revive the world's second-largest economy.
March 6, 2024 | 11:03 pm PT
China factory activity decline deepens in December

China factory activity decline deepens in December

China's factory activity decline deepened in December, official data showed Sunday, as Beijing rounded off a year marked by its stuttering economic recovery from the pandemic.
December 30, 2023 | 06:59 pm PT
China factory output, retail sales beat expectations in boost to economic recovery

China factory output, retail sales beat expectations in boost to economic recovery

China's October economic activity perked up as industrial output grew at a faster pace and retail sales growth beat expectations, an encouraging sign for an economy still showing significant pockets of weakness despite a flurry of support measures.
November 14, 2023 | 07:28 pm PT
Bumpy road for China's ride hailing drivers as economy slows

Bumpy road for China's ride hailing drivers as economy slows

Shanghai driver Zhu Zhimin works 15 hours a day to earn the same money he was making only a few months ago working a regular shift, as he competes with an increasing number of Chinese rushing into the ride-hailing industry.
August 15, 2023 | 07:35 pm PT
China cuts key rates as weak batch of July data darkens economic outlook

China cuts key rates as weak batch of July data darkens economic outlook

A broad array of Chinese data on Tuesday highlighted intensifying pressure on the economy from multiple fronts, prompting Beijing to cut key policy rates to shore up activity but analysts say more support is needed to revitalize growth.
August 15, 2023 | 01:04 am PT
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