Juliana Liu

Global investors went wild during China’s just-concluded Golden Week holiday by snapping up “everything” related to the country. But that optimism didn’t extend to shoppers and travelers in the world’s second-largest economy itself.

China has set aside 200 billion yuan ($28 billion) for investment projects by local governments this year, as it promised to meet its own ambitious economic growth targets.

After four miserable years, stock market in Hong Kong and mainland China are finally soaring, but whether benefits from the economic stimulus measures announced in September spread beyond stock investors and into the real economy have yet to be seen.

The billionaire owner of French luxury powerhouse LVMH has seen his wealth inflate by $17 billion dollars in just one day, after China announced fresh moves to restore economic growth that some call the long-awaited “bazookas” needed to revive confidence.

Beijing says it’s investigating fashion retailer PVH Corp, the owner of Calvin Klein and Tommy Hilfiger, for refusing to source cotton from the Xinjiang region, in a move that could lead to sanctions on an American company with major business interests in China.

China’s economic slowdown means people are spending their more limited funds on so-called “pingti” products, high-quality replicas of branded goods known in English as dupes.

Hyundai and General Motors (GM) have agreed to look for ways to work together on developing new vehicles, supply chains and technologies in an effort to cut costs and move more quickly.

A Chinese investment bank known for making some of the biggest deals in the country’s tech sector during its heyday has revealed it received a massive bill for 78 million yuan ($11 million) related to the disappearance of its star banker, Bao Fan.

Huawei has unveiled what it calls the world’s first tri-fold smartphone, just hours after arch-rival Apple introduced the iPhone 16, in a carefully timed Tuesday launch that has generated significant buzz for the Chinese tech giant.

The operator of 7-Eleven has rejected an opening offer from the owner of convenience store rival Circle K, saying its business is worth more.

Brazilian President Luiz Inácio Lula da Silva says the world isn’t obliged to put up with billionaire Elon Musk’s “far-right anything goes” agenda because of his immense wealth.

Hong Kong’s flag carrier Cathay Pacific has canceled dozens of flights as it conducts an inspection of its entire Airbus A350 fleet after finding engine problems affecting the plane.

IBM is cutting more than 1,000 jobs in China, according to multiple state media reports, as geopolitical tension between Beijing and Washington prompts many global companies to reassess their future in the world’s second-largest economy.

Asian markets made solid gains on Wednesday, with Japanese shares reversing early losses after a central bank official played down the prospect of an immediate hike in interest rates.

Online shopping site Temu has faced tough questions before about its business practices. Now it has a new problem: a backlash from independent merchants based in China who sell their products on the wildly popular rival to Amazon.

Two Adidas employees out in China corruption probe

China warns against ‘vicious cycle’ of decoupling from the West

Instant ramen ‘fire noodles’ are too spicy for this country

Singapore Airlines offers compensation to passengers injured by severe turbulence

From food to travel, it’s hard to find an aspect of life in Japan that hasn’t been affected by its sinking currency.