After Beijing’s recent lifting of crippling wine tariffs that had been in effect since early in the pandemic, Chinese customers will need to be convinced to buy new stocks of Australian wine.

Hefei, the capital of the eastern Anhui province, has placed a heavy focus on innovation and emerging industries, including new energy vehicles, with officials from across China eager to copy the formula for success.

In an official communique, China’s Politburo said ‘patient capital’ is expected to pitch in as the country moves towards a tech-driven growth model, showing a much-needed focus on the long term, analysts say.

A growing ‘she-conomy’ in China is leading to the working-age female population playing a leading role in personal spending and family purchases amid Beijing’s shift away from an investment-led growth model.

Predictions China would have already joined the group of high-income nations have yet to bear fruit. Is it still possible to break through the middle-income ceiling – and is it still an important benchmark?

Yum China Holdings, which owns the KFC and Pizza Hut restaurant chains in mainland China, plans to open more stores in ‘untapped’ parts of the country where it hopes its low-price strategy will appeal to vast numbers of less affluent customers.

China’s Communist Party will hold one of its most-watched meetings in July, as analysts predict the political body will lay out reforms to aid in the country’s economic recovery.

After a stretch of trials in select Chinese cities, there is rising urgency to rapidly expand use of the underperforming retirement accounts as demographic challenges mount.

The government may press state banks to continue cutting lending rates, further eroding their margins, analyst says.

China’s official manufacturing purchasing managers’ index (PMI) remained in expansion territory for a second consecutive month in April, although the pace slowed as officials admitted that manufacturers are facing higher costs.

Chinese researchers detail how technology has transformed the region’s textile industry and led to record surge in exports.

Gold purchases in China rose by 5.9 per cent in the first quarter compared with the same period in 2023, as consumers seek security in ‘the only safe asset’, analysts said.

Austrian crystal maker Swarovski has launched a lab-grown diamonds collection in China, in a sign that it has confidence in its second-largest market by sales despite some economic turbulence.

State news agency rejects allegations that Chinese EV firms are exporting a glut of electric vehicles.

Creating enough jobs for its young people remains a daunting challenge for Beijing, with the key private sector struggling to shake off scars of the coronavirus pandemic.

Air China will start to add international flights from Sunday, while bookings ahead of May Day holiday have surged, but flights to US are having a sluggish recovery.

China’s yuan has lost more value against the US dollar as interest rate cuts have yet to materialise, leading exporters to find whatever alternative assets they can until exchange differentials subside.

China is reviewing amendments to laws governing statistics and accounting, with Beijing eager to clamp down on inflated or manipulated economic statistics and uphold rules in the world’s second-largest financial market.

The People’s Bank of China has indicated its approval for trading treasury bonds on the secondary market, signalling more robust action to boost liquidity and fuel growth is no longer out of the question.

Chinese farmers are keeping the fewest pigs for breeding since 2020, raising hopes of sustained profitability after years of losses. But the turnaround may not speak to the broader economy, analysts say.

Former government adviser says Chinese officials must ‘have the foresight to make good predictions’ amid China’s new quality productive forces strategy shift.

China could face a third wave of corporate bond defaults, induced by high financing costs, slow economic growth and tighter government policies, S&P analysts said. Local government financing vehicles may be the weakest link.

Foreign buyers have returned to China’s largest trade exhibition, drawn by the array of new energy vehicles and other green products on offer at the Canton Fair.

Despite its attempts to woo back foreign investment, China has yet to see a hoped-for return of overseas capital as enterprises express hesitation to jump back into the fray.

In this week’s issue of the Global Impact newsletter, we take the temperature of US-China relations at a difficult time for Beijing as it seeks to solidify the recovery of the world’s second-largest economy.

Beijing’s prudent monetary moves and an emphasis on restructuring local government debt have sparked debate over how long it will take policymakers to ‘walk it off’.

China must emphasise modern services in its push for new productive forces, Sheng Songcheng says, flagging the need for a hi-tech, high-quality service sector.

Rainfall in the southwest province of Yunnan, which is one of China’s leading hydropower producers, fell by 42.3 per cent compared to normal levels this year.