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He Huifeng
He Huifeng
Guangdong
Correspondent, Political Economy
He Huifeng is an award-winning journalist who has reported on China since 2001. She has gained an in-depth knowledge of political, economic and social issues in mainland China through years of close observation, which has given her a love for journalism in the field.
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Despite a broad decline in Chinese family assets, overseas study tours have rebounded to pre-pandemic levels, but the destination landscape has changed.

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Chinese companies, most of which lag behind their global peers in brand awareness, are seizing a chance for larger recognition at this year’s Olympic Games.

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Traditionally a major regional economic growth engine for China, Guangdong province is now lagging behind the national average – and will likely need to make adjustments to retain its status.

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The 2024 Summer Games may be French, but much of the equipment and related accoutrements were made in China, owing to a lack of ‘comparable competitors’ in global manufacturing.

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As China’s students face an uncertain job market – and the country pledges more resources to tech – they are opting to study science, helping to maintain an ‘engineering dividend’ as the population declines.

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China and Russia are studying the possibility of cooperation on the Bank of Russia’s Mir payment system, according to Beijing’s ambassador to Moscow.

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China’s employment issues appear to be having a spillover effect on society at large, with recent heated or violent incidents leading many to wonder about the role the job market has played in these outbursts.

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Deep and widespread pay cuts have hit China’s financial sector as Beijing seeks an honest and trustworthy, righteous pursuit of profits to support the economy.

Youthful vigour is like a +5 character perk in the Chinese workforce, but veteran industry players who know their profession inside and out are the ones companies want to send abroad.

If South China Sea disputes were not worrisome enough, businesspeople looking to capitalise on the Southeast Asian market got a jolt after recent high-profile killings.

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Businessmen explain why it’s so difficult to do business in the China market, and a persistent lack of direct flights just scratches the surface.

Recent data on early repayments and new mortgage loans does not bode well for China’s efforts to stimulate housing demand and absorb inventories.

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Annual findings by the EU Chamber of Commerce in China flag worrisome drops in revenue and profitability, with a sharp rise in concerns over the country’s economic slowdown.

Middle-class Chinese with the means to move abroad see a rapidly closing window of opportunity as developed countries tighten immigration policies, and the race is on as applicant interest surges.

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Almost 80 per cent of Chinese firms offered payment terms in 2023, up from 50 per cent in 2022, according to a report from global trade credit insurance group Coface.

Latest Cross-Border Yuan Insight report suggests that Beijing’s efforts to challenge US dollar hegemony still face considerable hurdles, from exchange-rate fluctuations to impediments in cross-border capital flows.

As the first batches of a trillion-yuan offering of ultra-long-term special government bonds came roaring out of the gate this week, those bearish on China’s economic outlook triggered a feeding frenzy.

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Though the Russian market is an appealing one for Chinese exporters, Western sanctions are making payment processing a challenge as delays mount and few avenues for financial transactions remain.

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With China’s ties to Russia under stronger scrutiny from the West, banks are keeping a closer eye on transactions with links to Moscow – and China’s exporters are concerned their bottom line will suffer.

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