consumer spending

New Business

E-commerce giants jump on China’s latest trade-in programme amid heated competition

China’s major e-commerce companies, from JD.com to Alibaba Group Holding, are rushing to take advantage of Beijing’s latest subsidies aimed…

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New Business

China sees surge in travel demand for extended Lunar New Year holiday

China is expected to see a surge in travel demand during the upcoming Lunar New Year – a welcome boost…

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New Business

From blind box toys to snacks, Chinese venture capital firm finds growth in niche spending

Chinese consumer spending is so weak that even Starbucks is considering selling a stake in its China franchise, but one…

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New Business

China consumer spending to rise in 2025, but only modestly, Bain and Kantar say

China’s consumer market, stuck in a deflationary spiral, is poised to stage a recovery next year, buoyed by Beijing’s proactive…

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New Business

Opinion | Trump tariffs could be a blessing in disguise for China’s reformers

Historically, China has shown a tendency to enact rapid changes in response to external pressures or implement difficult domestic reforms…

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New Business

China’s consumption stimulus debate reignites with no clear answer

After casino hub Macau unveiled fresh cash handouts of 10,000 patacas (US$1,247) to each of its permanent residents to boost…

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Tech

Opinion | Why China’s video gaming industry needs more titles like Black Myth: Wukong

China has long had an uneasy relationship with video games. On the one hand, the video gaming industry has been…

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New Business

Heytea snaps up Mong Kok space as mainland Chinese brands step up Hong Kong expansion

Mainland Chinese brands have been the most aggressive non-local entrants into the Hong Kong retail market so far this year,…

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New Business

UBS takes the spirit out of China’s distillers by downgrading Moutai, other baijiu brands

UBS Group downgraded the ratings on Kweichow Moutai and other Chinese major liquor distillers as capacity expansions and destocking strategies…

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