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Published • loading... • Updated

New lifts, pipes, cafes: China doubles down on urban upgrades to buck ‘consumption downgrade’

Summary by The Straits Times
In 2024, China started more than 60,000 urban renewal projects, up from 53,000 in 2023. Read more at straitstimes.com.

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RED LANTERNS Small cities more than metropolis: the reversal of consumption in China

In the customs era for Beijing it is vital to stimulate domestic demand, but consumption grows slowly and it is no longer megalopolis, but small cities, where wages and confidence in the economy increase, and these changes could also lead to social changes.

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The Straits TimesThe Straits Times
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New lifts, pipes, cafes: China doubles down on urban upgrades to buck ‘consumption downgrade’

In 2024, China started more than 60,000 urban renewal projects, up from 53,000 in 2023. Read more at straitstimes.com.

·Singapore
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The Straits Times broke the news in Singapore on Thursday, May 8, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

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