As the Chinese economy slows down and the job market becomes more competitive, tens of thousands of young Chinese are resorting to money-saving challenges and sharing their frugal feats on social media. Some youths participating in money-saving trends limit monthly food expenses to no more than $70, or around 500 yuan. See the full story…
President Xi Jinping, his colleagues from the Politburo and other economic mandarins are expected to gather this month for the annual tone-setting economic work conference. Stock traders are particularly interested in the gathering after disappointment with Beijing’s latest attempt at stimulus and are eager for signs of more supportive policies after US president-elect Donald Trump…
Chinese President Xi Jinping has called on provincial leaders to be patient about the pace of economic reforms and cautioned them against trying to solve problems hastily, according to party mouthpiece People’s Daily. He also urged them to break down the fences of vested interests in each province in favour of a national market and…