When Li Zhen went to renew the 50,000 yuan ($6,824) she had locked into a 5-year fixed deposit back in 2020, she was taken aback by the bank’s latest offering. The interest rate for same term deposits ...
Despite long-standing concerns about asset quality and sluggish profit growth, banks’ shares have been snapped up by yield-hungry investors Investors have overlooked banks' gloomy fundamentals in ...
Pharmaceutical firms are running into obstacles that include local protectionism and conflicting work cultures as they take their products to market in Southeast Asia’s largest economy The ...
In the span of four years, Yibin went from a prefecture-level city known for coal and baijiu to the “Capital of Power Batteries,” on account of its large portion of China’s electric vehicle (EV) ...
Audits over the last few years show that the projects funded by special-purpose bonds often generate meager returns, raising questions about how localities will be able to pay back the bonds China’s ...
China’s internet platform economy is coming under closer scrutiny as a new wave of regulatory action gets underway. Unlike previous rounds, which focused on curbing platform expansion and monopolistic ...