China economy

China economy’s weak start bolsters case for early easing

Official PMIs released over the weekend suggest an unexpected and broad slowdown in January

KPMG China agreed to help Russia’s state-owned Sberbank set up its branch in China, which involved assisting with licensing, government inspections, IT assessments, and tax filings.

Top consulting firms test boundaries with China workarounds

Consultancies navigate Western sanctions and Beijing’s restrictions

Top tourism hubs have each seen a jump of about 40% in overseas visitors last year.

‘Shop in China’ travel boom risks complicating PBOC’s yuan math

Foreign visitors to the capital city of Beijing spent an unprecedented 50.6 billion yuan in 2025

Signs of unease are growing among policymakers as the domestic demand downturn persists.

China January official manufacturing PMI drops to 49.3

The world’s second-largest economy hit the government’s official growth target of 5% last year

Consumer spending and business investment in China have remained sluggish.

Chinese regions cut GDP goals in sign nationwide target may drop

Targets usually correlate with goals eventually adopted at the central level

China has extended its official Lunar New Year holiday week to nine days for the first time, aiming to boost domestic consumption.

China expects record 9.5 billion passenger trips during Lunar New Year

[BEIJING] China expects a record 9.50 billion passenger trips to be made during the 40-day spring festival holiday travel period, higher than the 9.02 billion domestic trips last year, a state plannin...

Recent data shows Nanjing Deji Plaza (above) has leapfrogged long-time leader Beijing SKP to become China’s top-performing luxury mall.

First-class goods in second-tier cities as luxury goes local in China

Luxury spending in second-tier cities exceeding first-tier

Retail sales growth in China has slowed every month since June, as funding ran dry for the government’s programme to help consumers trade in old goods for new ones. 

Chinese consumers are more thrifty than before Trump’s trade war

The skittishness of consumers bodes ill for an economy that needs stronger spending to reverse a slowdown