retail sales

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Developing | China’s economy remains resilient in April despite sky-high US tariffs

China’s economy mostly remained resilient in April, despite feeling the effects of the astronomical tariffs in effect before last week,…

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New Business

Hong Kong retail slump claims another victim as Thai dessert shop deserts

Thai dessert chain After You Dessert Cafe will exit the Hong Kong market, closing its two shops after three years…

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As Guangdong GDP growth lags, is Jiangsu on track for No 1 spot in China?

The eastern Chinese province of Jiangsu, which topped the national economic growth table in the first quarter of this year,…

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100% rent hike forces Prince Jewellery to leave Hong Kong’s Russell Street after 21 years

Russell Street in Causeway Bay, one of Hong Kong’s most expensive retail strips, has been witnessing a rapid churn in…

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Macau’s most opulent lodging, The 13 Hotel and Casino, up for sale again

Touted as one of the world’s most expensive hotels, The 13 Hotel and Casino in Macau has been put up…

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Firm tied to Philippines brand Oishi pays US$16.5 million for 2 Hong Kong shops

A company linked to Philippines tycoon Carlos Chan and the producer of Oishi snacks bought two ground floor shops in…

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Investors dump Hong Kong properties at 20% loss as tariff war dents recovery hopes

Hong Kong property investors have continued to put up assets for sale at a loss as a tariff war between…

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Hongkongers’ Shenzhen shopping sprees abate, in relief for retail owners, UBS and JLL say

Hong Kong’s downtrodden retail sector could be headed for a turning point in coming months, as city residents show less…

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As US tariffs bite, China helps its exporters pivot to a new market – China

China is planning to roll out measures to help foreign trade firms expand into the domestic market, as it seeks…

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New Business

Breaking | China’s 2025 starts with rising retail sales as consumption takes centre stage

China has reported a 4 per cent growth in consumption in the first two months of 2025, a modest increase…

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