The return of the once-ubiquitous street vendors was expected to bring back Chinese economic vibrancy that was affected by COVID-19, but the public frenzy has been contained by local officials in Beijing.
Tageconomy
AliResearch, China Household Finance Survey and Research Center of Southwestern University of Finance released a joint survey on MSME during the COVID-19 outbreak.
Experts are currently foreseeing a decline in China’s economic growth to roughly 5.6% from the already relatively low 6.1%, which will bring global economic growth down by 0.2%.
Mainland Chinese stock markets took a nosedive on the first trading day since January 23rd, after the extended Lunar New Year holiday.
While China’s tier-one and tier-two cities keep rapidly expanding, making us marvel at the speed and quality of their development, the really astounding action is happening elsewhere.
In June 2019, OYO China, the subsidiary of the rapidly growing Indian operator of leased and franchised hotels, announced the launch of its 2.0 strategy.
With no possibility of reorganization and reconciliation, Chinese vaccine maker, Changsheng Bio-technology has declared bankruptcy.
IDC released a report on November 4 on China’s blockchain spending, forecasting that China’s spending on blockchain technology will reach $2 billion by 2023, which represents a CAGR of 65.7%.
The Chinese government announced last Thursday that it will be ramping up efforts to promote the research and development (R&D) of blockchain technology.
Recently, Huawei's chip company HiSilicon (Shanghai) Technology Co., Ltd. announced it will sell its 4G communication IoT chip - the Huawei Hisilicon LTE Cat4 platform Balong 711 for the first time.
During the 8th Lingnan Forum held in Guangzhou on October 12, He Xiaojun announced that the Macau Stock Exchange plan has been reported to the central government.
China’s household debt to income ratio rose threefold from 30% in 2008 to 92% in 2019. Here is what it could mean for China’s economy.
The Hong Kong Stock Exchange has made a bold proposal to acquire the London Stock Exchange in a deal worth $36.6 billion.
During the past two decades China has undergone an economic miracle with rising living standards permeating all levels of society.
The live-action 3D remake of the Disney staple, just like its precursors, is a harbinger of change, epitomizing China’s current standing in the world.