Market Insider

IMF upgrades China’s growth forecast to 5% on ‘strong’ first quarter and policy measures

BEIJING — The International Monetary Fund on Wednesday raised its forecast for China’s growth this year to 5%, from 4.6%…

Chinese travelers are opting for lower-cost domestic destinations over foreign tourist spots

BEIJING — Chinese travelers are increasingly opting for cheaper domestic destinations over foreign tourist spots. Only 14% of high-income households…

Alibaba’s global arm signs David Beckham as international e-commerce brand ambassador

BEIJING — Soccer star David Beckham will promote Alibaba‘s international e-commerce platform, AliExpress, in its biggest global brand ambassador partnership…