PD: In 2016, Chuyuan received an "astronomical fine" for environmental protection violations and was ordered to halt production for rectification. Looking back on it a decade later, how do you view ...

In 2025, animated features grossed a combined 25.5 billion yuan in China, the highest annual total in the country’s cinematic ...

PD: Some claim that now is not an opportune time to invest in the real economy, and that "holding cash is the best choice." ...

The word “involution”, or neijuan – referring to excessive competition in social and economic life – has become a common slang term in China. Students, workers and even business leaders have been ...

The immediate access to $50 million will allow Spirit to stay afloat in the short-term. The airline's creditors are meeting Wednesday and it is widely expected that they will discuss Spirit’s third ...

On December 31, 2025, China’s National Intellectual Property Administration (CNIPA) and Ministry of Industry and Information ...

Dec 16 (Reuters) - Bankrupt Spirit Aviation Holdings (FLYYQ.PK), opens new tab is in discussions to merge with Frontier Group Holdings (ULCC.O), opens new tab, Bloomberg News reported on Tuesday, ...

As the Central Economic Work Conference, which mapped out the plan for China's economic work in 2026, concluded on Thursday, multiple Chinese government departments including the National Development ...

Abstract: Currently, on the Chinese internet, the term “involution” refers to intense but meaningless competition for limited resources, also known as “the inflation of effort.” Involution is a ...

Employees work on the production line of a factory in Ningde, Fujian province, in May. Wang Wangwang / For China Daily Editor's Note: Since 2025, "anti-involution" has become a focus of China's ...

Export-bound vehicles awaiting shipment in Lianyungang Port, Jiangsu province. WANG CHUN/FOR CHINA DAILY BEIJING -- China's Ministry of Industry and Information Technology (MIIT) said Saturday it will ...

Over the weekend, rumors that Spirit Airlines would shut down before Monday morning, Dec. 15, came to a head. The low-cost airline had filed for bankruptcy for a second time in August 2025 and is ...