The CNN report citing data released by China's National Bureau of Statistics on Monday stated the birth rate fell to 5.63 births per 1,000 people in 2025, lower than the previous record low of 6.39 births per 1,000 recorded in 2023.
The USD 200 billion Chinese food delivery industry, once a thriving sector that expanded during the Covid-19 pandemic, is now facing a downturn, according to a report by CNN. Delivery workers have been witnessing their paychecks shrink dramatically, increasing their financial struggles.
The Chinese authorities have planned to use regional bonds to fund their project of purchasing idle land from cash-strapped property developers of China intended for the construction of affordable housing
This growth rate marked a slowdown from the 5.3 per cent growth observed in the first quarter. Additionally, June's retail sales saw an increase of 2 per cent, falling short of the expected 3.3 per cent growth.
The number of Chinese workers across Africa has dropped significantly to its lowest level in more than a decade, Voice of America reported, citing data from China's National Bureau of Statistics.
China's population shrank for the second year in a row, marking a deepening of a demographic challenge that is set to have significant implications on the world's second-largest economy.
Authoritarian regimes must carefully control information, and China is extremely good at this. Yet, to ward off criticisms at home and abroad, Beijing has taken more severe steps to reduce the flow of data harmful to the CCP
The National Bureau of Statistics (NBS) announced on Tuesday that it would discontinue releasing data on unemployment by age group this month after China's youth unemployment rate, which includes those aged 16 to 24, reached a record high of 21.3 per cent in June. Some analysts think the act
China's GDP expanded by only 0.8 per cent in the second quarter of this year, a sharp decline from the meagre 2.2 per cent growth it had in the first three months of 2023. According to CNN, there has been a decline in consumer spending, a decline in the property market, and an increase in th
Xi Jinping’s policy to rebalance China's economy away from debt-driven investment towards domestic consumption has not been successful due to the inability of the leadership to expand social welfare and health care provisions, leading to high levels of precautionary savings.