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economic growth

China allocates billions of dollars to bailout its crisis-hit property sector

After prolonged dithering, China has finally announced steps to address the near collapse of its mammoth property sector by allocating billions of dollars to...

‘Hard to be employed’: jobs, consumption rates still weighing on Chinese economy

Households in China are still grappling with a weak job market, with consumption spending relatively low as they lean more towards savings, the latest...

Meaty economic indicator? China’s distressed pig farmers eye turnaround

Chinese farmers are keeping the fewest pigs for breeding since 2020, offering hopes that the industry is on the cusp of sustained profitability after...

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