April has been a busy month for the Hualin International Jewelry Market in Guangzhou. A scrum of eager buyers has descended upon the venue, looking to join a new gold rush as prices soar and the precious metal takes on new life as a vehicle...
China has designated areas where limits on foreign investment for select telecommunications services will be lifted, with the cities of Beijing, Shanghai, Shenzhen and the island province of Hainan acting as testing grounds for an oft-cited goal to open the bedrock industry to overseas capital.These...
German businesses in China have reiterated their calls for a level playing field, with two-thirds of those surveyed seeing themselves in “unfair competition” when operating there – findings which add to pressures on Beijing from foreign investors over persistent struggles related to market access and...
Beijing is angling to revive confidence in private entrepreneurs and foreign investors via a renewed campaign for a unified national market and better business environment – an essential task to fulfil its ambitious expansion target of around 5 per cent and ensure economic stability in...
Foreign chambers of commerce in China have repeated their now-familiar call for action from Beijing to back its pro-business rhetoric – part of a larger effort to rekindle investment – even after the August unveiling of a 24-point plan to support overseas firms.Chambers that took...
China’s eastern economic powerhouse of Jiangsu has become the first province to invite foreign businesses to take part in its strategic industrial chains, part of a national effort to retain and attract foreign investors.But analysts expressed concerns over the strategy’s long-term viability as geopolitical tensions...
China’s new financial regulator has made fresh pledges to increase regulatory transparency, stability and predictability, the latest of several attempts to restore investor confidence following a stock meltdown and high-profile personnel changes.The country will benchmark its financial policies against international rules and reduce restrictive measures...
Such sales increased by 7.2 per cent last year, reflecting a recovery in consumer spending after a dip in 2022. But sustaining this growth momentum seems unlikely, and many Chinese economists expect a significant consumption slowdown in 2024.Weighed down by weaker global demand, China’s net...