Advertisement
Advertisement
TOPIC

China consumption

China consumption
The latest news, analysis and opinion on China consumption. In-depth analysis, industry insights and expert opinion.
A cyclist rides past a residential construction site in Beijing in November. Photo: Getty Images
China property

China should learn household balance sheet lessons from US: report

Chinese policymakers could use American response to recessions as a reference, new report argues.

China’s private sector

A new battlefront for KFC and its Chinese rivals: the lighter meal

China GDP

China boosts services for migrant workers to spur consumption

Luxury brands

China sales hold up as European luxury brands warn of Iran war impact

While LVMH, Hermes and Prada recorded increased sales in Chinese market, Kering reported a decline.

A Labubu toy hangs from a bidder’s Hermes bag at an auction by Yongle International Auction in Beijing in June last year. Photo: Reuters
Hong Kong property

Hong Kong to see more mainland Chinese brands enter retail market, analysts say

In the first four months of the year, more than one fifth of new entrants in the city’s retail market were mainland brands, according to JLL.

4
China's economic recovery

HSBC cuts China retail sales forecast by nearly half on property, job pressures

Consumption is facing renewed pressure as a weak labour market and diminishing returns from subsidies cloud outlook, the bank says.

Advertisement
Advertisement
Advertisement
China economy

China’s unexpected retail slowdown shows Hormuz strains

Retail sales growth slumped in April, industrial output cooled and fixed-asset investments tumbled as high oil prices hit China’s economy.

Photo: VCG via Getty Images
China manufacturing

China’s economy ‘weaker than expected’ in April as Iran war headwinds bite

China’s retail sales growth fell to just 0.2 per cent in April, while industrial output and fixed-asset investment softened more than forecast.

5
Hong Kong property

Fresh concepts lift Hong Kong retail property as tourists and consumers return

Landlords betting on a diversified tenant mix – from pop-ups to ‘sportainment’ – to sustain growth in retail property market, analysts say.

China’s film industry

How a tiny indie movie sparked a major tourist boom in southern China

Made on a shoestring budget, the hit drama Dear You has triggered a surge of interest in the history of southern China’s Teochew diaspora.

A poster for Dear You, an independent film set in Chaoshan, Guangdong province, which has become an unexpected box office hit in China. Photo: Handout
Banking & finance

China’s credit demand weak in April despite policy support, strong industry

Lending growth slows as borrowing demand from households and businesses remains weak.

An elderly man walks past a bank branch in the Central Business District in Beijing in April. Photo: EPA-EFE
China inflation

China’s producer, consumer inflation up in April as Iran war pressures persist

Factory-gate prices increased 2.8 per cent last month and consumer prices were up 1.2 per cent, surpassing expectations as fuel costs rise.

China economy

Opinion | Can China engineer a price recovery that doesn’t make people feel poorer?

The producer price uptick offers a policy window: if reinforced by household demand and expectations, it could kick off a broader recovery.

videocam
China travel

China’s record travel volume meets cautious spending in May Day holiday surge

Thousands of domestic train services added on last day of ‘golden week’ to meet record demand, and high energy costs affect consumer spending.

videocam
Dozens of yachts are seen in waters off the coast of China’s Hainan province on Sunday, during a five-day national holiday. Photo: Xinhua
China’s film industry

China’s Labour Day box office disappoints despite strong line-up – what happened?

Cold War 1994 and The Devil Wears Prada 2 were tipped to shine in a crowded release window – but many consumers chose to stay away.

5
A moviegoer walks by a poster of The Devil Wears Prada 2 at a cinema on Monday in Shanghai. Photo: VCG via Getty Images
China GDP

China’s economy in 2026

First-quarter GDP grew 5 per cent as strong manufacturing and exports masked weak domestic spending and a March slowdown.

Shenzhen

Shenzhen’s economic dilemma: soaring GDP, stagnant consumption

Shenzhen’s retail sales barely rose in the first quarter despite strong GDP growth, a sign of the Chinese tech hub’s unbalanced development.

videocam
5
Advertisement
Advertisement
Advertisement
China's economic recovery

China’s ‘common prosperity’ push faces reality check as inequality rises: study

A leading economist warns widening income and wealth gaps are constraining Beijing’s agenda.

14
A man sits on a shared bike as he looks at a Lamborghini for sale at a luxury car dealership in an upscale commercial area on November 5, 2024, in Beijing. Photo: Getty Images
China travel

From Beijing to backwaters? Why China’s live music boom is spreading

Local authorities are using big concerts to attract tourists and revenue, part of broader efforts to boost consumption under new five-year plan.

China trade

Durian Express? China brings in cheaper fruit with new Southeast Asia train

A new cold-storage rail service is whisking mountains of durians from Thailand to China, reducing prices for the prized fruit.

China travel

Trip.com aims to bring 200 million tourists to China, buoying GDP growth

The company believes China could become the world’s top tourism destination, according to reports.

13
Foreign tourists order food at a restaurant in Tianjin, northern China, on April 24. Photo: Xinhua
China's economic recovery

Open Questions | How China can avoid a repeat of Japan’s ‘lost decades’

Bai Chongen, an economist and adviser to China’s government, explains how the country can dodge ‘Japanification’ and why its economic rise is misunderstood.

videocam
Illustration: Henry Wong
China travel

China braces for record Labour Day travel surge as tourism demand remains robust

China expects to handle a record 304 million cross-regional trips per day over the holiday, as the government focuses on boosting consumption.

videocam
China trade

Beijing touts mineral dominance, boosts autonomy drive, ahead of Trump’s visit

Ministry of Natural Resources boasts world-leading reserves of 14 minerals and vows to keep boosting output and exploration as geopolitical risks weigh on resources.

4
Banking & finance

China targets ‘zombies’ with regulatory headshots to kill off indebted laggards

Six provinces and the capital city test a forced-insolvency pilot to purge overcapacity and dismantle local protectionism, prioritising market efficiency.

videocam
A worker produces photovoltaic modules for export at the workshop of a new-energy company in China’s Jiangsu province. Findings indicate a disproportionately high number of “zombie companies” in the nation’s renewables sector. Photo: Getty Images
China birth rate

In China, a France-sized population loss begins to test coastal powerhouses

Rising pension burdens and social security subsidies are also straining public finances – though trends remain uneven, analysts say.

5
Elderly people rest at a park in Fuyang in eastern China’s Anhui province on September 13, 2024. Photo: AFP
China GDP

Guangdong’s rule as China’s GDP king faces an unprecedented threat to the crown

A rival provincial powerhouse, with a GDP as big as some G7 nations, is becoming a hub for strategic emerging sectors while outpacing the national economic growth rate.

videocam
Pop Mart

Pop Mart comes with a cool idea for red-hot Labubu: mini-fridges

The Chinese toymaker is launching two limited-edition Labubu-themed mini-refrigerators priced at US$878 each.

Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement