consumer spending

New Business

Property industry remains an enemy within for Beijing’s economic targets

The slumbering property sector remains a threat to China’s economic growth because of its huge impact on the employment rate…

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New Business

Small restaurants in China starve as consumers suppress appetite for spending

Small restaurants across mainland China have taken a beating as budget-conscious consumers refrain from dining out because of prevailing pessimism…

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New Business

Rising down jacket sales offer unexpected cushion against deflation in mainland China

China’s down jacket and coat makers are the unlikely beneficiaries of the winter season, as more young consumers splash out…

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New Business

Chinese jewellery firm V Muse aims to rival international names like Van Cleef & Arpels

Chinese fine jeweller V Muse plans to open its first store next year in Shanghai, taking a substantial step forward…

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New Business

China’s property sector needs stronger stimulus: Citigroup economist

Stronger stimulus measures are needed to halt the decline in China’s embattled property sector, as Beijing aims to guide the…

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New Business

China’s growing elderly market a new frontier for international companies at CIIE

China’s ageing population has become a key consumer group targeted by international companies – from food and drink producers to…

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New Business

China looks to silver economy, women, eco-consciousness to spur consumer spending

Caring for the elderly, rising awareness of environmental protection and the flourishing “she economy” are creating a cushion against potential…

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New Business

China set for bumper ‘golden week’ travel rush in boost for economy

China is likely to see a bumper surge in travel bookings for the coming “golden week” holiday – one of…

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New Business

Yum China raises target for opening mainland coffee shops as cafe culture takes hold

Yum China Holdings, owner of the KFC and Pizza Hut restaurant brands on the mainland, has raised its target for…

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New Business

Hong Kong economy’s ‘mixed signals’ portend retail-sector ‘turbulence’, analysts say

Hong Kong’s retail industry will experience mixed fortunes in coming months, as rising unemployment threatens to dent consumer spending even…

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