47 h. ago China’s jobless rate for young people eases to 16.9% as graduates settle for less

China’s youth-unemployment rate ticked lower in November, though competition remains fierce for university graduates trying to find work that matches their qualifications. The jobless rate for those aged 16 to 24, excluding students, fell to 16.9 per cent in November from 17.3 per cent in October, according to data released by the National Bureau of Statistics on Thursday. The rate has eased since August, when the graduation of a record 12.2 million university students over the summer pushed it...

Politics

68 h. ago URGENT Japan visitor arrivals growth strong in November despite China travel warning

URGENT Japan visitor arrivals growth strong in November despite China travel warning  Reuters

Events

69 h. ago China CCTV removes short film that ‘romanticises’ food delivery work after public backlash

China’s state broadcaster CCTV has come under fire over a short film that romanticises food delivery jobs. The film told viewers that such jobs offer “the freedom to enjoy the scenery along the way” and “brings delivery workers closer to their dreams”. Netizens slammed the video for glorifying hardship and suffering, describing it as being tone-deaf to the real struggles faced by delivery workers. On November 28, CCTV and Meituan, the operator of China’s major on-demand delivery platform,...

Society

3 d. ago China seizes 430kg of cocaine aided by US intel, a sign anti

Chinese authorities have intercepted 430kg (948lbs) of cocaine aided by tip-offs by the United States, a sign of possible progress on the issue following an agreement on counternarcotics cooperation reached by the leaders of the two countries in October. Chinese authorities had found the drug in an international container at the Yantian port in Shenzhen, southern China’s Guangdong province, on November 26, state broadcaster CCTV said on Tuesday. The case is under further investigation and no...

Politics

3 d. ago China ‘one yuan girl’ featured in old renminbi banknote located after nearly 50 years

Nearly 50 years after she featured on the renminbi banknote, a woman who became known as “one yuan girl” is back in the spotlight due to a recent viral video of her. An influencer in southwestern China’s Guizhou province posted the video on November 26. It featured 65-year-old Shi Naiyin. Shi is an ordinary peasant woman of the Dong ethnic minority in Congjiang county, Guizhou. However, her nickname, “one yuan girl”, is known nationwide. At the age of 16, Shi went to the market in a town near...

Politics

4 d. ago China’s housing prices continue to fall in November as real estate sector contracts

China’s housing prices continue to fall in November as real estate sector contracts  Anadolu Ajansı

Politics

4 d. ago Economic Watch: China's economy poised to achieve annual growth target with steady November momentum

Economic Watch: China's economy poised to achieve annual growth target with steady November momentum  Xinhua

Economics

4 d. ago China’s home prices slide further in November as authorities vow to stabilise sector

Home prices in mainland China continued to decline at a rapid pace in November, posing challenges for policymakers who have vowed to stem a years-long downturn. New home prices fell 0.4 per cent month on month on average across 70 cities, according to data from the National Bureau of Statistics (NBS) on Monday. The decline eased slightly from a 0.5 per cent fall in October, but it was among the steepest in more than a year. Prices slipped 2.8 per cent year on year in November, compared with a...

Politics

4 d. ago China’s home prices slide further in November as authorities vow to stem decline

China’s home prices slide further in November as authorities vow to stem decline  South China Morning Post

Politics

4 d. ago China's November economy: Job market steady as industrial production softens, retail sales tumble below forecasts

China's November economy: Job market steady as industrial production softens, retail sales tumble below forecasts  Seeking Alpha

Economics

5 d. ago China signals more policy support (same old?) as economy 'stabilises' in November

China signals more policy support (same old?) as economy 'stabilises' in November  investingLive

Events

5 d. ago China’s factory output, retail sales weaken in November By Reuters

China’s factory output, retail sales weaken in November By Reuters  Investing.com

Politics

5 d. ago China's retail sales growth sharply misses estimates in November, deepening consumption worries

China's retail sales growth sharply misses estimates in November, deepening consumption worries  CNBC

Politics

5 d. ago China's November industrial output grows 4.8% y/y, retail sales up 1.3%

China's November industrial output grows 4.8% y/y, retail sales up 1.3%  Reuters

Politics

5 d. ago China’s November Retail Sales rise 1.3%, Industrial Production up 4.8%

China’s November Retail Sales rise 1.3%, Industrial Production up 4.8%  FXStreet

Politics

5 d. ago China’s consumption and investment show weak performance in November

China’s economic indicators logged a further slowdown in November, with consumption and investment showing renewed signs of strain, while the property downturn continued to weigh on overall momentum. Retail sales, a key gauge of consumer spending, grew in November by 1.3 per cent, year on year, according to data released by the National Bureau of Statistics (NBS) on Monday. The figure fell short of the 2.92 per cent forecast from financial data provider Wind and marked a drop from October’s 2.9...

Politics

5 d. ago China’s growth engines sputter as retail and investment hit in November

China’s economic indicators logged a further slowdown in November, with consumption and investment showing renewed signs of strain, while the property downturn continued to weigh on overall momentum. Retail sales, a key gauge of consumer spending, grew in November by 1.3 per cent, year on year, according to data released by the National Bureau of Statistics (NBS) on Monday. The figure fell short of the 2.92 per cent forecast from financial data provider Wind and marked a drop from October’s 2.9...

Events

5 d. ago Developing | China’s growth engines sputter as retail and investment hit in November

Developing | China’s growth engines sputter as retail and investment hit in November  South China Morning Post

Events

5 d. ago China tourism: cold spots are hot tickets as southern residents head north to ski

With temperatures falling and holidays approaching, ski resorts across northern China are experiencing a surge in visitors from the south, a trend that is cheering airlines as well as resort operators including Malaysia-based Genting Group. Since the ski season opened on November 15, the Changbai Beautiful China Resort in the northeast province of Jilin, a complex owned by China Green Development Group, has welcomed more than 110,000 visitors, marking a nearly 40 per cent year-on-year increase....

Politics

6 d. ago Sea change: China narrows AI gap with US three years after initial shock from ChatGPT

US start-up OpenAI’s launch of ChatGPT on November 30 three years ago sent China’s technology industry scrambling to get up to speed on the latest artificial intelligence developments. Chinese government authorities sent urgent requests to various experts, including professors from Tsinghua University, to provide briefings on the implications of generative AI technology, according to people with knowledge of the matter. China’s Big Tech firms and ambitious start-ups rushed to roll out their own...

Events