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China-Philippines gambling crackdown, TCM training scheme: SCMP daily catch-up

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China-Philippines gambling crackdown, TCM training scheme: SCMP daily catch-up

Catch up on some of SCMP’s biggest China and economy stories of the day. If you would like to see more of our reporting, please consider subscribing.

1. Deflationary pressure persists as China’s consumer inflation hits 5-month low

Consumer price growth in China missed expectations in November, hitting a five-month low, reflecting persistent economic weakness despite recent monetary policy easing.

2. Zhuhai car attack: senior heads roll in south China city where dozens died

A man looks at candles left outside the Zhuhai Sports Centre, a day after a car rammed through the site killing dozens in Zhuhai. Photo: Amber Wang

Government and public security heads in Zhuhai, southern China, have been replaced, as part of a sidelining of officials deemed responsible for last month’s car attack that killed at least 35 people and shocked the nation.

3. China’s Politburo promises ‘proactive measures’ to bolster demand in 2025

The integrated development of technology and industry will be supported and the property and stock markets will be stabilised, according to the official Xinhua News Agency.

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