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world's second largest economy

Luxury hotels in world's 2nd largest economy struggle to survive amid tightened travel spending

Luxury hotels in world's 2nd largest economy struggle to survive amid tightened travel spending

Every evening, staff at Beiyuan Grand Hotel in Beijing set up street stalls selling freshly cooked gourmet dishes trying to make up for falling revenue indoors as Chinese consumers and firms cut spending on travel, conferences and banquets.

China expands visa-free policy to 9 more countries including South Korea

China expands visa-free policy to 9 more countries including South Korea

China relaxes visa rules in bid to boost ailing economy

China relaxes visa rules in bid to boost ailing economy

China's economy facing 'new difficulties' as post-Covid recovery loses steam

China's economy facing 'new difficulties' as post-Covid recovery loses steam

China's top leaders said the Chinese economy was facing "new difficulties and challenges" in a meeting of the 24-person Politburo on Monday.

July 24, 2023 | 05:11 pm PT

China's population shrinks for the first time since 1961

China's population shrinks for the first time since 1961

China's population fell last year for the first time since 1961, a historic turn that is expected to mark the start of a long period of decline in its citizen numbers and see India become the world's most populous nation in 2023.

January 16, 2023 | 06:40 pm PT

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