National Bureau of Statistics

Inflation picks up in China – The Times of India

polite1 month ago02 mins

China’s consumer inflation accelerated for the first time since August, caused by a burst of household spending around the Lunar New Year holiday even as deflationary pressures persist.The consumer price index rose 0.5% in Jan from a year earlier, the National Bureau of Statistics said Sunday, compared with a 0.1% gain in the previous month.A…

Chinese food delivery industry faces downturn, workers’ earnings drop by 1,000 yuan – Times of India

polite5 months ago03 mins

China’s food delivery industry is experiencing a downturn after significant growth during the Covid-19 pandemic. Delivery workers‘ earnings have dropped by nearly 1,000 yuan ($140) per month compared to five years ago, according to a report from the China New Employment Research Center.The $200 billion food delivery sector, the largest in the world by revenue…