The downturn in the luxury sector will show no immediate signs of improving in the first half of 2025, according to global management consulting firm Bain & Company. The China Luxury Report warns of a ...

SHANGHAI: China’s residential property sales in December were flat year-on-year (y-o-y), avoiding a downturn seen much of 2024 and reflecting signs of market stabilisation after the government ...

BEIJING: China’s consumer inflation accelerated for the first time since August, in what’s likely a blip caused by a burst of ...

SHANGHAI, Jan 21 (Reuters) - China's luxury market declined by 18% to 20% in 2024, marking the end of a period of "exponential growth", with sales expected to remain flat this year, consultancy ...

Huadian Group and PowerChina have activated what they describe as China’s largest solar-storage project on salt-alkali tidal flats. The project in Laizhou, Shandong province, spans 72 square km.