China’s vast middle class is now changing its values, aspirations and consumption habits in an era of much slower economic ...
Younger people in the country now seem to expect less. Read more at straitstimes.com. Read more at straitstimes.com.
"Sometimes when shopping, I'll pick up an herbal tea - it costs about the same as bubble tea, around 20 yuan ($2.75), but the ...
BEIJING, April 1 (Reuters) - Some Chinese banks have started raising interest rates amid growing bad consumer loans in a dramatic U-turn just weeks after slashing them to unprecedented lows, a move ...
BEIJING/SHANGHAI, March 28 (Reuters) - The Industrial and Commercial Bank of China (ICBC), the world's largest lender, and China Construction Bank (CCB), the nation's third largest bank by assets, ...
This photo taken on March 17, 2025 shows a coffee shop in Diaoyuan Ancient Village in Ji'an, east China's Jiangxi Province. (Xinhua/Wei Hai)by Xinhua ...
The Cold Food Festival in his honour was inspired by his death The largely forgotten Cold Food Festival, known in Mandarin as ...
China's economic rocket ride appears to be ending – or slowing, at least. Growth has declined from 8.4% in 2021 to 4.5% today ...
Agricultural Bank of China Ltd (AgBank), one among China's five biggest banks, reported on Friday a 4.7% rise in its 2024 net ...
Diaoyuan's transformation from a cluster of crumbling farmhouses into a destination for urbanites seeking "slow living" is a case study of how China is reimagining rural preservation, seeking not a ...
Shopping habits appear to confirm the trends. Xianyu, China's biggest online used-goods seller, reached 181 million users in ...