Tag: National Bureau of Statistics (China)

In China, It’s Time to Splurge Again, and the Luxury Industry Is Relieved

The end of pandemic-era restrictions has unleashed a luxury spending rebound in China. Which Western brands are coming out on top?

‘Zero Covid’ Behind It, China’s Economy Starts to Recover

The economy grew 4.5 percent in the first three months of the year, a pickup from the end of 2022, when the relaxation of pandemic prevention measures led to a wave of illness.

China’s Economy Slowed at the End of Last Year

New government data shows that growth for the year fell far short of Beijing’s goal. With Covid curbs lifted but the pandemic’s course uncertain, hope and fear cloud the forecast.