Households aren't broke, the available data indicate. They're just exhibiting a reluctance to spend. Flurries fall earlier this month at a shopping area in Beijing. On paper, China's middle class ...
A fragile recovery in China’s real estate market, an equity rebound that has yet to translate into meaningful wealth gains, ...
Huawei's Luxury EV Is Now Outselling Porsche, Mercedes, and BMW Combined in China. Here's the System That Made It Possible. Huawei's Maextro S800, a luxury sedan launched in May 2025 for around ...
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China’s middle class is quietly stockpiling cash — 'shadow saving' — and it could short-circuit the global economy
On paper, China’s middle class should be spending. Savings are high. Bank deposits are swelling. Interest rates are falling. If anything, conditions look primed for a consumer boom. Instead, something ...
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