Business News
Latest business news and updates
Total: 2050
Sky-High Ambitions: Air China Scales Up C919 Operations Across Key Domestic Corridors
Air China has significantly expanded its C919 operations, launching regular commercial service to Xiamen and Harbin. This expansion brings the domestic jet’s reach to 11 routes with 24 daily flights, marking a transition from trial phases to large-scale commercial integration.
Gold's Precipice: Why the 'Debasement Trade' Persists Amid a Market Meltdown
Gold prices have neared bear-market territory following a liquidity-driven sell-off sparked by the Iran conflict, yet institutional investors remain bullish on the long-term outlook. Despite massive ETF outflows and central bank selling in Turkey, analysts argue that sovereign debt issues and currency debasement will continue to support the metal's structural rise.
Meituan’s Siege: Can Wang Xing Outlast a New Generation of Deep-Pocketed Rivals?
Meituan swung from a massive profit to a 23.4 billion RMB loss in 2025 as it defended its core delivery and in-store businesses against aggressive moves by Alibaba, Douyin, and Amap. While the company is pivoting toward self-operated retail and AI to secure its future, it is being forced to contract its experimental businesses to survive a high-cost war of attrition.
Thirst for Redemption: Nongfu Spring Hits Record Revenue Despite Lingering Brand Scars
Nongfu Spring reported record revenues of 52.55 billion yuan in 2025, successfully rebounding from a major 2024 PR crisis. While tea drinks have overtaken bottled water as the main revenue source, survey data indicates a lingering reputational divide among younger Chinese consumers.
Awakening the Sleeping Giant: China Moves to Unlock its $1.4 Trillion Housing Fund
China is embarking on a significant reform of its $1.4 trillion Housing Provident Fund to address stagnant usage and a cooling property market. By expanding the fund's utility to include medical expenses and potential pension transfers, policymakers hope to modernize a system that has become increasingly disconnected from the needs of the modern workforce.
China’s Aging Road Warriors: Why Beijing Is Pushing Truckers to Drive Until 63
China has raised the maximum age for commercial truck and bus drivers to 63 to combat a labor shortage of skilled heavy-vehicle operators. While the move aligns with national retirement delays, it highlights a deepening demographic crisis and the physical toll of logistics labor on an aging workforce.
The Great Swine Slump: China’s Pork Glut Deepens as Consumption Fails to Recover
Pork prices in China have hit multi-year lows due to a combination of oversupply and a post-holiday consumption slump. Major agricultural producers are reporting significant revenue hits as national wholesale prices continue a seven-week slide.
Digital Resilience: Bitcoin Reclaims $67,000 Amid Geopolitical Jitters and Market Volatility
Bitcoin has surpassed the $67,000 mark following a period of massive liquidations. The recovery highlights the asset's resilience as a perceived hedge against geopolitical risks in the Middle East and evolving technological standards in China.
National Pride in the Skies: Air China Scales Up C919 Operations for 2026 Season
Air China is expanding its C919 fleet operations to include Harbin and Xiamen for the 2026 summer-autumn season. This expansion marks a pivotal step in normalizing the commercial use of China’s domestically produced narrow-body airliner as it competes with Boeing and Airbus.
Beyond the Banquet: China’s Baijiu Giants Pivot to the Consumer Sovereignty Era
China's baijiu industry is pivoting from a distributor-led model to a consumer-centric strategy, driven by a 50 billion RMB instant-retail boom and a generational shift in drinking habits. Major players are restructuring to prioritize direct consumer engagement and international cultural integration as they move away from traditional bulk-hoarding models.
BYD’s Global Gambit: International Growth and Localized Production Become the New Profit Engine
BYD’s 2025 annual results reveal a strategic transformation, with overseas revenue jumping to nearly 40% of the total as international margins outpace domestic ones. By pivoting toward localized manufacturing in markets like Brazil and Thailand, the EV giant is seeking to bypass trade tensions and secure its next phase of growth through technology and global scale.
The Price of Low-Cost Dominance: China’s Fast-Food Giant Wallace Delists Amid Quality Struggles
China’s largest domestic fast-food chain, Wallace, is delisting from the New Third Board to cut costs and restructure. Despite its massive footprint of 20,000 stores, the brand is struggling with persistent food safety scandals and intense competition from both domestic upstarts and international giants.