consumer demand

New Business

Consumer demand and public services top China’s financial priorities for 2026

China will expand government spending to spur consumer demand and shore up investment in public services to strengthen the economy…

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New Business

Li Ning’s interim profit dips 11% amid tough competition in mainland’s sportswear market

Chinese sportswear and equipment maker Li Ning posted a drop in interim profit, as weak consumer sentiment weighed on spending…

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New Business

Chinese tycoon Li Shufu’s Geely Auto posts first-half profit decline, but beats estimates

Profit for the January to June period came in at 9.3 billion yuan (US$1.3 billion) versus 10.8 billion yuan a…

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New Business

From Legoland to Disney: how China is using theme parks to fuel consumer spending

As temperatures soared to a sweltering 39°C, thousands of families still lined up for the launch of China’s first Legoland…

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