China cultivates ‘joy economy’ with new focus on contentment
After years of downplaying the importance of its citizens' emotional well-being, China is showing new interest in the so-called "emotional economy," including a "joy economy" segment where people find small pleasures in things like a cup of bubble tea or a Labubu collectible toy. What's driving Beijing's greater emphasis on this part of the economy now, and is this a new long-term focus?
Chinese firms resume global dealmaking, as a top lender stalls
TCL is taking over Sony's home entertainment brand, while Anta has become Puma's largest shareholder. And China Merchants Bank has reported near-zero profit growth for 2025.
CHINA BULLETIN: China Economy Off to Strong Start in 2024
In this week’s issue GDP booms, WhatsApp gets the boot and a liquor bubble pops. On a scale of 1 to 100, we give the week a 50 for offshore-listed…
CHINA BULLETIN: Economic Growth Target Stays at 5%
In this week’s issue GDP growth target unchanged, Apple sales plunge and a Belle returns to the Hong Kong ball. On a scale of 1 to 100, we give the…
PODCAST: China’s Burgeoning Debt, and a New Type of China IPO
By Doug Young & Rene Vanguestaine China's debt-to-GDP ratio swelled to 288% last year, up 13.5 basis points and a huge level by any standard. Is this kind of debt…
PODCAST: China’s Premier in Davos, and Shein IPO Hits a Speedbump
By Doug Young & Rene Vanguestaine Chinese premier Li Qiang told the World Economic Forum that China's economy grew 5.2% in 2023. But will it be able to maintain that…
PODCAST: China Sets Goals for 2024, and a French Snub for Chinese EVs
By Doug Young & Rene Vanguestaine Chinese leaders said they'll prioritize progress and stability in 2024 at their annual Central Economic Work Conference. Does that mean they'll put greater emphasis…
