China’s payments, fintech sectors in position to… President Xi Jinping encourages the operators of these online services to ‘play a bigger role’ in strengthening…
Hainan free-trade port tipped to deepen… Southeast Asian firms will be incentivised to invest in Hainan under the free-trade port plan, especially in the…
Has the time come for China to give cash… The sooner the central government starts giving out Hong Kong- and US-style consumption vouchers, the better,…
China’s consumers hold key to hitting GDP growth… Consumers must be convinced to spend more money and generate more growth as China’s monetary easing hits the limits…
China’s duty-free market poised to grow fourfold… China’s duty-free market is forecast to grow fourfold to 258 billion yuan (US$40 billion) in 2025, a new report…
China’s retail sales set to grow 6 per cent in… China’s economy has shaken off the impact of the coronavirus, with retail sales likely to grow by some 6 per cent…
China’s duty-free shoppers flock to Hainan amid… Duty-free sales in China’s island province of Hainan surged to 50.49 billion yuan (US$7.9 billion) in 2021, growing…
How has China’s luxury market weathered the… China is a key driver of global sales of luxury goods, from expensive jewellery to private jets.While the global…