A creative response to return culture An online clothing seller in eastern China has gone viral after transforming ordinary household items into clothing tags, a move that has not only reduced returns but also significantly boosted sales. The businessman, surnamed Wang, operates from
Survey highlights pace of wealth accumulation Hong Kong’s affluent residents are reaching multimillionaire status at a relatively young age, underscoring the city’s strong wealth building ecosystem despite economic uncertainty. According to a new survey by HSBC, individuals classified as affluent typically accumulate at
Falling foot traffic exposes fragile margins Across mainland China, small restaurants are facing mounting pressure as consumers cut back on discretionary spending. Budget conscious households, unsettled by uncertainty around income and job security, are dining out less frequently, squeezing establishments that rely on
Expectations build around a new phase of US rate cuts Hong Kong’s interbank rates are widely expected to move lower in 2026 as the United States enters a new phase of monetary easing. Analysts believe the US Federal Reserve, under a new chair,
Scholars warn deflation risks are becoming entrenched As China faces persistent deflationary pressure, leading scholars are warning that the country risks slipping into a prolonged economic slowdown similar to Japan’s experience if stronger action is not taken soon. Researchers from one of China’s
Tariffs hit hard but not evenly When US tariffs on Chinese goods surged during the latest escalation of the trade war, businesses across China braced for disruption. In Yiwu, a trading hub in eastern China often described as the world’s supermarket, expectations were
Party journal signals stronger policy intervention China’s leadership is being urged to take a more forceful and coordinated approach to stabilising the country’s struggling property market, according to a new commentary published by Qiushi, the Communist Party’s leading theoretical publication. The article calls
Cities Take a Preventive Approach As the year draws to a close, authorities across multiple Chinese cities have moved to curb large scale New Year’s Eve countdown events, citing public safety and order as their top priorities. Police departments issued coordinated notices stating
Silver Returns to the Center of Market Attention Silver is set to remain under intense global scrutiny as China introduces new export restrictions that analysts say could deepen an already fragile supply environment. From January 1, Beijing will impose tighter controls on outbound
A Modest Tax Cut Aimed at Boosting Activity China has introduced fresh tax relief for the housing market by lowering value added tax on individual home resales starting January 1. The move is designed to reduce transaction costs and encourage market activity at
