China press review
Beijing’s “First-Store Economy”: What Are the New Incentives?
Beijing is optimizing its first-store economy support policies to streamline the procedures for companies that want to open their first store in the city. Financial support measures have also been clarified.
China GDP: 2022 economic growth target is within reach, ‘but it will come at a cost’: Variety of options in Beijing’s fiscal policy toolkit are expected to help insulate it from the impact of a protracted war in Ukraine, but analysts flag risks of overreaching.
China inflation slowed in February as food prices eased: data
China’s factory-gate inflation eased to its slowest pace in eight months in February as consumer price growth also softened, data showed Wednesday, after new coronavirus curbs and a drop in food prices.
Gender equality at work: how do Hong Kong, mainland China, Singapore and others compare?
Around the world, the proportion of women in the workforce is lower than for men. Parental leave, pay and protections against harassment also give an idea of progress.
China sets lowest growth target in 30 years as Ukraine fallout looms: China unveiled a growth target of about 5.5 per cent, its lowest in three decades, as Beijing seeks to buttress its economy after a sharp loss of momentum in 2021 and fallout from Russia’s invasion of Ukraine.
Ukraine outcry and Covid chaos overshadow Xi’s celebrations: Just a few weeks ago it seemed that the last Chinese parliamentary session of President Xi Jinping’s second term in office would be a congratulatory affair, where his administration could brag about the success of its Covid containment policies while focusing on efforts to shore up an economy hit by its worst property downturn in years.
Chinese feel imported inflation pressure, from coffee to crude to cosmetics
Price hikes at major coffee chains such as Starbucks and Luckin set off a social media firestorm, illustrating public gripes over inflation as Chinese consumers see own wages fall.
China’s industrial subsidies: what are they and why are they a source of tension with the West?
Subsidies are widely used by different levels of government in China to aid economic development, but they are a long-standing source of tension with the West.
China’s Foreign Investment Information Reporting System: How Does it Work?
Foreign investors and foreign invested enterprises in China are subject to foreign investment information reporting obligations under the Foreign Investment Law, which came into effect on January 1, 2020.
Slower growth and higher inflation are the hallmarks of a post-Covid world: A hot spurt for global growth is generating breathless headlines. India is on pace to be “the world’s fastest growing large economy” and France is posting its “strongest growth in 52 years”.