China has announced a new policy package to boost household spending by tightening coordination between commerce and financial regulators, expanding access to credit and promoting new forms of consumption. The move comes as soft retail sales and weak consumer confidence continued to weigh on economic growth last month, highlighting the urgency for policymakers to expand domestic...

From cash handouts to reimbursed procedures, local governments across China are throwing money at in vitro fertilisation and related fertility treatments in a bid to coax couples into having children. But some experts warn that the hi-tech push ignores the low-tech reality: raising a family is simply too expensive, and fertility subsidies cannot reverse China’s demographic decli...

Shenzhen’s main railway station handled a record 116.6 million passengers in the first 11 months of 2025, as China’s major cities continue to see a boom in rail ridership and travel between Hong Kong and mainland China picks up steam. The total passenger flow at Shenzhen North Railway Station between January and November was up 8.8 per cent compared with the same period last yea...

China’s currency appears poised to break through the psychological 7.0-per-dollar barrier next year, fuelled by US Federal Reserve rate cuts and thawing trade tensions, with some bulls betting that the yuan could strengthen to 6.8. Analysts and onlookers are increasingly optimistic, with some citing the potential for a relatively weaker US dollar and pointing to signs that Beiji...

Chinese electric vehicle (EV) maker Xpeng plans to establish a production base in Malaysia targeting Southeast Asian customers, in its latest move to expand overseas to improve profitability. The Guangzhou-based company, 5 per cent owned by Volkswagen Group, said on Monday that it would partner with Malaysian firm EP Manufacturing Berhad (EPMB), an investment conglomerate focusi...