consumer demand

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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