retail sales

New Business

China’s property slump is not over yet with home sales, rents under pressure: Fitch

China’s property market downturn is likely to persist this year with slower home sales and construction activity, hobbled by “structural…

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New Business

China logs 5% GDP growth in 2024 as exports, stimulus provide year-end boost

China has reached its 2024 target for economic growth, recording a 5 per cent increase to its gross domestic product…

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New Business

China bond bonanza likely to continue into 2025; investors worried about economic strength

China’s bond market is likely to extend its bull run into next year, as the government is expected to be…

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New Business

Buy or wait? Chinese consumers bet on more subsidies to revive economy

There is a reason China’s business community is fretting. Retail sales have been sluggish this year as households lock up…

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New Business

Luckin Coffee’s entry into Hong Kong a sign of mainland Chinese brands’ growing dominance

Mainland Chinese brands are ramping up their presence in Hong Kong, using the city to test the waters before foraying…

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New Business

Policy support sees China’s tax revenue rise for second straight month

China’s tax revenue rose for the second straight month in November on the back of supportive domestic policies, while local…

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New Business

Breaking | China’s retail sales in November miss estimate at 3.0%

China’s consumption growth slowed in November, as did property investment, while the industrial sector showed limited signs of recovery, underscoring…

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New Business

More Hong Kong shops to close as retail habits change, shopping shifts online

With the shopping habits of both Hongkongers and visitors to the city going through a sea change, more brands and…

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New Business

‘Survival of the fittest’: landlords give discounts to Five Guys, others amid retail slump

And with additional headwinds expected in 2025, they said, brands with international appeal or unique selling points are driving new…

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New Business

China’s central bank to cut reserve ratio again to add liquidity, aid growth: analysts

China’s central bank is expected to further cut the amount of cash that commercial banks must hold as reserve by…

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