The financial sector is facing mounting public scrutiny and tightening regulatory actions. In response, firms are imposing salary cuts and clawbacks as policy aims to align executives’ interests with investors amid economic slowdown
China’s online ride-hailing firms are seeking IPOs to ease financial strains caused by a saturated market teeming with drivers and engulfed in incessant price wars. Will robotaxis give the industry a much-needed lift?
With the Paris Olympics boosting sports merchandise exports, Yiwu, China’s small commodity hub, is trying to stay competitive by moving from bric-à-brac to original designs as young entrepreneurs drive innovation through game-changing tech
Facing high costs and low passenger numbers, Chinese regional airlines urgently need to reduce their reliance on government support and find market-oriented ways to maintain altitude
Major e-commerce platforms have stopped offering advance sales ahead of shopping promotions, although experts say that in a crowded ecosystem, they should reconsider how they appeal to consumers and support retailers if they are to remain relevant
Few Chinese consumers recycle their old cellphones over fears of putting the personal information they hold in someone else’s hands. Experts are now calling on the government to standardize and regulate the resale and recycling industry