Shanghai

Cosplayers walk on a shopping street, in Shanghai, China, 31 July 2023. (Aly Song/Reuters)

Big Read: Young women are the driving force in China's consumer market

With the rise of e-commerce, traditional department stores are having a hard time attracting customers, especially following three years of the pandemic. While some stores have managed to re-style themselves to tap into the younger generation, others have struggled to move past the fashion of 20 or 30 years ago and are closing their doors as a result.
Attendees at the ChinaJoy Expo in Shanghai, China, on 30 July 2023. (Qilai Shen/Bloomberg)

China’s first half GDP growth: Has the economy bottomed out?

While the latest economic data from China show encouraging GDP growth, taken in context, many provinces are actually seeing slower growth as compared with the first quarter of this year. Lianhe Zaobao journalist Li Kang examines the figures and speaks to economists to find out more.
People attend a job fair in a mall in Beijing, China, on 30 June 2023. (Thomas Peter/Reuters)

Stemming population decline in Chinese first-tier cities

​Population figures are going down in China's major cities, not only in Beijing and Shanghai, but also in Shenzhen and Guangzhou. This trend is not only due to higher costs of living, but deeper concerns that prevent economies from finding a certain equilibrium after headwinds. Economist Li Jingkui explains.
A traffic light is seen near a construction site of residential buildings in Shanghai, China, 20 July 2022. (Aly Song/Reuters)

Shanghai's falling property prices indicate economic gloom in China

China’s property market has been in the doldrums, and prices have been falling, not least in Shanghai. And as prices in Shanghai fall, so will prices in other Chinese cities. Zaobao correspondent Chen Jing looks at the impact of property market movements on the overall Chinese economy.
An electronic board shows stock indexes at the Lujiazui financial district in Shanghai, China, 21 March 2023. (Aly Song/Reuters)

Why Shanghai's still a wonderland for international investors

Chinese academic Chen Bo explains Shanghai’s continued allure for international investors, despite the economic impact of last year’s pandemic restrictions and lockdowns.
The eight "aquatic immortals". (Photo taken by Jin and provided by Chiang Hsun)

Heavenly dishes in a little Shanghai restaurant

Chiang Hsun ruminates on a myriad of ingredients, marvelling most at the eight vegetable ‘aquatic immortals’ in Chinese cuisine, which showcase the pure and delicious flavours of the season. Best of all, he enjoyed the heavenly dishes during autumn, in a little Shanghai restaurant that feels like home.
People cross a street near office towers in the Lujiazui financial district, ahead of the National People's Congress, in Shanghai, China, 28 February 2023. (Aly Song/Reuters)

Shanghai's new leader Chen Jining's all-out effort to boost economy: Will it work?

After three years of stringent Covid-19 measures, Shanghai is on its road to economic recovery. While the impact of the pandemic was severe, Shanghai officials are making efforts to bring back and reassure foreign enterprises of a conducive business environment. Zaobao correspondent Chen Jing looks at the steps taken by the officials and how effective they are.
This file photo taken on 15 October 2022 shows a man walking past portraits of (left to right) late Chinese chairman Mao Zedong and former Chinese leaders Deng Xiaoping, Jiang Zemin, Hu Jintao and current president Xi Jinping at Yan’an Revolutionary Memorial Hall in Yan'an city, Shaanxi province, China. (Jade Gao/AFP)

Did Jiang Zemin pave the way for greater centralised rule in China?

Taiwanese academic Wen-Hsuan Tsai notes that while the late former Chinese President Jiang Zemin had pushed forward economic development during his tenure, he had neglected political reform, and in so doing, possibly paved the way for ever greater centralised rule in China.
Office towers in the Lujiazui financial district of Shanghai, China, 17 October 2022. (Reuters/Aly Song)

[Sponsored] Why this could be the right time to invest in China and the UOBAM Ping An ChiNext ETF

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