By Mandy Zuo The figure, which marks a rise of 100 million over five years, was released at a time when the authorities are looking to domestic consumption to boost growth. Source: China’s middle-income population passes 500 million mark, state-owned newspaper says
By Ben Jiang Apple-authorised retailers are offering steep discounts on the latest iPhone series in China, where the US tech giant faces stiff competition from domestic brands. Source: Apple dealers in China sell iPhone 15 Pro Max at US$160 discount, as rivals like Huawei lure away high-end consumers
By Frank Chen Chambers of commerce representing foreign business interests in China are asking for more proof the country will provide a stable environment for investment and activity, despite a recent roll-out of initiatives in that vein. Source: China urged by foreign chambers of commerce to take firmer hand with private sector support