consumer spending

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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