China

Confidence amongst China CEOs hits lowest post-COVID

Confidence amongst China CEOs hits lowest post-COVID

Around 41% CEOs said business conditions are worse than six months ago.
2 days ago

Over 80% of Chinese consumers now consider wellness a top priority

85% said they purchased more in the healthy-aging category.
2 days ago

China’s payment system gets boost from renminbi rise

African SMEs get the same level of service as large companies under a more open China. 

China's personal insurance sector to grow 5% to 10% annually

Pension and health products are expected to account for 50% of the market by 2035.

Chinese officials focus on policies to attract more foreign investors

As part of the initiative, the government has lifted all restrictions on manufacturing sector access.

China raises debt ceilings with measures to address hidden debt

China's MOF has said that it would "raise debt ceilings" to help swap out hidden debt.

Chinese insurers shift to floating-return products amidst risks

Its P&C sector is under strain due to market volatility.

China VC funding deals dips 12.6% YoY to $23.3b

It only recorded 1,761 VC funding deals. 

Chinese travelers' search for int'l stay doubles for upcoming Golden Week

The second Golden Week of the year will commence from 1 to 7 October.

McDonald’s China propels digital transformation with strong API ecosystem management 

McDonald’s China propels digital transformation with strong API ecosystem management

China motor insurance market to rise 5.2% this year

New energy vehicles are gaining traction in China’s vehicle market.

China expands medical insurance to over 72% of village clinics

It aims to cover 100% of rural villages by the end of 2024.

China leads global industrial robot market for 11th straight year

In the last three years, 430,000 industrial robots were produced in China.

Walmart sells $3.7b stake in JD.com to focus on China ops

Walmart said it is shifting its focus to its own operations in China.

Life insurance reduces mortality risks in China

Still, the protection gap stood at $73.6b in 2023.

China’s robotic surgical systems market to reach $250m by 2033

The country accounted for approximately 30% of APAC’s market share in 2023.

Yum China CFO resigns

He will serve as an advisor to the CEO until February 2025.