China Data

China’s Housing Market: A Glimmer of Hope in March Amidst Lingering Slump

China's new home prices rose slightly in March, driven by seasonal demand in big cities, but the broader property market slump continues amid developer debt issues and weak buyer confidence.

Olivia Rodrigo Drops New Single ‘Drop Dead’ and Makes Surprise Coachella Appearance

Olivia Rodrigo releases her new single 'Drop Dead' and performs it live at Coachella, signaling a new romantic direction for her upcoming album.

Trump Organization Eyes Tbilisi Skyline with Ambitious New Skyscraper Project

The Trump Organization is planning a new luxury skyscraper in Tbilisi, Georgia, featuring a hotel and residences, as part of its international expansion strategy.

Jury Rules Live Nation and Ticketmaster Operated as an Illegal Monopoly, Overcharging Fans

A jury found Live Nation and Ticketmaster guilty of antitrust violations, ruling they operated as an illegal monopoly and overcharged fans. The verdict moves to a remedies phase, potentially leading to significant industry changes.

Judge Halts Nexstar-Tegna Merger Amid Antitrust Fears

Federal judge blocks Nexstar-Tegna merger over antitrust concerns, halting the $6.2 billion deal pending a trial. State AGs and DirecTV celebrated the ruling.

Goldman Sachs Upgrades China’s Growth Forecast as US Companies Invest in Country’s Consumer Market.

Many of the largest US companies are doubling down on China, betting on the nation's vast consumer market and the potential for a post-pandemic...

Mobile Payments on the Rise as Hong Kong and Macao Residents Open 235,000 Accounts at Mainland Chinese Banks

As the world becomes increasingly interconnected, more and more people are looking for convenient ways to manage their finances across different regions. In Hong...

China Strengthens Financial Cooperation between Mainland and Hong Kong/Macao with New Guidelines

China is making significant strides towards strengthening economic and business ties across the Guangdong-Hong Kong-Macao Greater Bay Area, with a particular focus on Qianhai...

Reforms in China’s Healthcare Insurance Aim to Promote Efficient Use of Public Medical Funds, Experts Say

Chinese local governments have recently implemented healthcare insurance reforms that aim to promote efficient use of public medical funds and increase benefits for those...

RCEP helps more ASEAN agricultural products enter Chinese market

The implementation of the Regional Comprehensive Economic Partnership (RCEP) has brought about changes in the import of fruits and agricultural products from Southeast Asian...

Chinese Housing Market Resilient with Month-on-Month Increase in Home Prices in January

The Chinese housing market showed signs of stability in January, with a greater number of cities experiencing slight month-on-month increases in home prices, according...

China’s Spring Festival Travel Rush Sees Over 1.5 Billion Trips, Boosts Tourism and Consumption Revival

The Spring Festival travel rush, which marks the celebration of the Chinese New Year, officially ended on Wednesday. The travel season, also known as...

Fitch Revises Up Projection of China’s 2023 Economic Expansion to 5%, Up from 4.1%

The reason for the revision, according to Fitch, is the "evidence of a faster-than-expected recovery in consumption and activity" following the lifting of many of China's strict Covid restrictions. This shift away from the country's "Covid-zero" policy has opened the door for increased economic activity.

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