China's Communist Party is considering a gradual and flexible increase in the retirement age to address pension system pressures caused by an aging population and declining birth rates.
China
Broke Chinese Millionaire's Bottle of Sprite Auction Attracts Over 300 Bidders, Criticism Mounts Against Chinese Court
A Chinese court auctioned a bankrupt millionaire's last asset, a bottle of Sprite, sparking criticism over wasted judicial resources.
China Outlines Economic Actions With No New Stimulus Measures; Investors Disappointed
China aims to revive its economy despite missing new stimulus measures, disappointing investors.
China Cuts off Trade With US Arms Suppliers for Selling Missiles and Jets to Taiwan
China has imposed sanctions on US companies selling arms to Taiwan, including trade restrictions and potential blacklisting, as tensions rise over Taiwan’s military acquisitions from the US.
China's Economic Outlook Is a 'Flashing Red' With Weak Recovery, Analysts Warn
China’s economic outlook is deteriorating, with lowered GDP growth expectations and housing, consumer spending, and industrial production issues.
Latest News
President Xi Jinping announced strategies to strengthen the finances of China's indebted local governments, which include increasing their financial autonomy and opening infrastructure to private enterprises.
On July 19, a global Microsoft Windows outage disrupted foreign businesses and luxury hotels, but China’s key infrastructure remained largely unaffected, following the country’s push for tech self-sufficiency.
China's push to implement robotaxis gains favor from the public but sparks job security concerns among traditional taxi drivers, especially with Baidu's plan to expand its fully driverless fleet in major cities.
European tariffs have reportedly slowed China's electric and plug-in hybrid vehicle export growth by 20-30% in recent months.
Tesla has achieved a milestone as the first foreign-owned electric vehicle brand to be included in a Chinese government procurement list.
Chinese officials face challenges in attracting foreign investment due to doubts fueled by Xi Jinping's policies, despite reassurances from top leaders and intensified overseas engagements.
Canada declared that it was considering tariffs on Chinese electric cars to support its allies, the US and EU.
Most Chinese EV manufacturers' stock prices rose on Thursday morning after the EU proposed 38% higher tariffs.
Global fund managers are returning to China as MSCI China Index climbed 24% from its January low, leading to a $2 trillion increase in market value.
