Chinese tourists visiting South Korea have surged this year, with travellers drawn by sites linked to boy band BTS and Korean television series Welcome to Samdal-ri.
Even with Russia emerging as a boon for Chinese shipbuilders, a market bonanza appears unlikely as trade restrictions keep growing and a ‘self-sanctioning’ occurs.
After the suspension of durian imports from 33 sources in Vietnam, questions abound over whether the market’s explosive growth has led to a dip in quality – and whether competitors can take advantage.
High-level comments aim to shore up business and market confidence ahead of the economic-agenda-setting third plenum as foreign firms wait to see whether Beijing follows through.
Following the announcement of restrictions on US investments into Chinese tech, the latter country’s Ministry of Commerce declared it reserves the ‘right to take countermeasures’.
Lottery ticket sales in China have surged, with many stores running out of stock, as young people seek a short cut to wealth amid the uneven post-pandemic economic recovery.
Local authorities in China have been encouraged to buy unsold homes to create affordable housing amid efforts to address a property crisis, but many are already struggling with debt.
Chinese and European firms at a meeting this week ‘all opposed’ European Union tariffs on China’s electric vehicles, according to a social media account linked to state broadcaster CCTV.
A former official has enumerated the ‘imbalances’ encumbering China’s economy, putting special emphasis on the divide between rural and urban areas exacerbated by a system of household registration.
Zheng Xinli, a former researcher with China’s Communist Party, has advocated for robust incentives to spur consumption and buoy the country’s service sector, part of a plan to build up new economic growth drivers.
Fewer weddings mean fewer kids and a smaller labour force down the line as the population ages and productivity takes a hit.
The worrisome property-investment decline reached double-digits in May, but consumers in China opened their wallets a bit more, year on year.
A Muslim food stall owned by footballer Hassan Sunny has been inundated with gracious Chinese fans who also took advantage of a new visa-free-travel policy with Singapore.
Company executives and analysts dissect why major Taiwanese tech firms have been shifting toward South and Southeast Asia, rather than expand at home or in mainland China.
May’s consumer price index figures remain well below government control target but have stayed the same as the April increase.
Three-day holiday figures bode well for the coming summer vacation, with students expected to help drive domestic tourism.
Mainland China has rolled out policies, including visa-free entry, to boost its tourism sector that was hit hard by three years of the coronavirus.
A loosening of visa restrictions is finally luring back tourists to mainland China’s most international city, so why are they not staying to work like they used to?
Taiwan’s trade data already reflects the rising global popularity of AI-optimised consumer electronics – a point hammered home at the recent Computex Taipei trade show.
AmCham Taiwan’s annual paper flags urgent need to address natural disasters and talent shortages, with a desire to see continued defence support from Washington.
Chinese premium wineries are edging into the domestic market despite a limited presence at Vinexpo Asia in Hong Kong last week.
Durian demand and Chinese investors’ interest in the Philippines’ green-energy sectors are seen as promising opportunities, according to China-based diplomats from the Southeast Asian nation.
Mainland China announced on Friday a suspension of some preferential tariff arrangements under its Economic Cooperation Framework Agreement with Taiwan.
The impact of across-the-board trade actions would have ‘significant collateral damage on the US economy’, Washington-based organisation says
Chinese researchers believe focus needs to be placed on China’s position in the Asian supply chain, as well as Hong Kong’s role in raising offshore capital, amid its dwindling foreign direct investment.
Falling prices and ‘operational pressures’ are flagged at a meeting of the China Photovoltaic Industry Association amid domestic overcapacity concerns.
The risk of cross-Strait conflict with mainland China appears to be chipping away at Taiwan’s long-held dominance in the semiconductor industry, underpinning a sense of urgency in diversifying hi-tech supply chains.
China imported over US$10 million of wine from Australia in April, up from US$126,000 a year earlier, after it lifted punitive import tariffs at the end of March.
China’s durian market is showing signs of change, with a drop in price attributed to more supply from Vietnam, a deadly heatwave in major exporter Thailand and a tightening of consumer budgets.
A Chinese high-speed railway line in Indonesia has been open for six months – and is popular enough that new trips have been added – but high debt levels are raising questions about its long-term utility.