KFC now operates over 7,000 drive-through restaurants nationwide, including kerbside pickups, according to Yum China.
Investors welcome Wuliangye’s multibillion-yuan share purchase plan after weak earnings and industry destocking hit sentiment.
Leasing activity in core districts is picking up, driven by tech occupiers, but analysts warn oversupply will keep vacancies elevated.
The first 18 days of April saw primary home sale volumes across 30 key cities rise 3 per cent year on year: Bank of America data.
The Tongzhou district outlet marks the furniture retailer’s pivot to compact formats as China’s property slump hits home-furnishing demand.
The maintenance, repair and overhaul facility in Beijing will be capable of handling up to 250 shop visits per year.
The Chinese toymaker is launching two limited-edition Labubu-themed mini-refrigerators priced at US$878 each.
Shenzhen’s housing inventory drops to a seven-year low, offering an early signal that China’s property downturn may be nearing a turning point.
The company’s sole theme park in Beijing will launch its upgraded Labubu Forest Zone on Thursday.
The task force will provide professional advice on financing and banking services for the development of the megaproject.
China’s private equity market recovers selectively amid geopolitical tensions, with yuan funds leading and exits reaching record highs.
Sino Land chairman Daryl Ng said the Kam Sheung Road project marks a key step in advancing the Northern Metropolis.
AI’s impact on China’s housing market remains limited for now due to manufacturing strength, but younger tech workers may face headwinds.
Crackdown targets social media accounts offering bogus stock tips, paid groups and AI-driven tools amid surge in retail scams.
Asia now accounts for 24 per cent of all US investors’ foreign holdings – the highest share in over a decade.
Shanghai leads, and also records strong second-hand sales, but analysts hesitate to declare overall market stabilisation.
Chinese brands like Mixue, BYD, and Geely are surging into Brazil, leveraging strong trade ties and local strategies for growth.
Milestone in downfall of company that was once the world’s largest developer is unlikely to move the market, analysts say.
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Geopolitical tensions weigh on ‘durability of the recovery’, analyst says, as gains expected to diverge across cities and segments.
Brand aims to open up to 20 stores in Beijing this year after ‘two years of exploration’, mostly in Shanghai, to perfect its model, CEO says.
Powered by AI, the silver economy is driving product innovation and unlocking substantial new consumption growth.
Store closures in Beijing and Tianjin highlight mounting pressure from domestic rivals amid shifting consumer habits.
Offbeat designs may not drive sales, but they sharpen brand identity and attract individuality-seeking buyers, analysts say.
Analysts say subdued demand and cautious buyers persist, with one-off debt restructuring masking deeper losses in the sector.
Luckin, Lucky Cup, Cotti and Nowwa are expanding quickly overseas, but analysts warn success depends on consumer experience and quality.
Labubu and The Monsters series make up 38 per cent of 2025 revenue, while conservative growth guidance for 2026 weighs on confidence.
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China’s luxury hotels thrive as visa-free policies drive international tourism, with Shanghai and Beijing seeing significant growth in high-end stays.
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Hong Kong-listed consumer firms report strong results but analysts say the gains reflect structural shifts rather than broad recovery.
Beijing will raise refined oil prices for the fifth time this year at midnight but puts in place a temporary control to reduce the impact.
Wan Chai-Causeway Bay area also improves, reducing citywide vacancy rate even though most areas remain under pressure, JLL says.