spending decline

New Business

China beer market loses fizz as spendthrift drinkers opt for cheaper brews

For years, beer brands have been pushing premium products in China, thirsty to tap the consumption power of the growing…

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New Business

China’s Li Ning feels the pain from consumption slowdown as first-half profit slips 8%

Chinese sportswear giant Li Ning hopes to “ride the wave” of the Paris Olympics in an effort to attract more…

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