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China consumption

China consumption
The latest news, analysis and opinion on China consumption. In-depth analysis, industry insights and expert opinion.
A ship offloads liquid natural gas at the PetroChina Jiangsu LNG terminal at Yangkou port in Rudong, in eastern China’s Jiangsu province. Photo: AFP
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?

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China travel

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

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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China manufacturing

China’s industrial profits hit 6-month high amid Iran war price spikes

Fuel-processing sector pivots to profit while tech gains shield margins from modest revenue growth, highlighting an efficiency-led rally over a demand recovery.

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A humanoid robot is modified at a facility in China’s Shandong province last month. The nation has seen rapid developments in artificial intelligence and semiconductor-related industries. Photo: Xinhua
Banking & finance

Beijing ramps up tax crackdown, frames consumption levies as fiscal lifelines

Authorities target retailers, shell companies and off-the-books manoeuvres to lessen tax liabilities.

Pop Mart

China’s Pop Mart eyes expansion at home and abroad for its Pop Land theme park

The company’s sole theme park in Beijing will launch its upgraded Labubu Forest Zone on Thursday.

China GDP

China beats expectations with 5% growth in first GDP release since Iran war

‘Stronger than expected’ growth figure indicates minimal impact from the conflict and a low likelihood for near-term stimulus, analysts said.

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A coil of copper is moved at an electrical materials factory in Dongyang, Zhejiang province, on Tuesday. Photo: AFP
China property

As I see it | Helpful analysts predict China property recovery now, soon and much later

While some economists draw parallels with Japan’s ‘lost decade’, others note key differences when it comes to China’s sluggish recovery.

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A woman walks through a residential compound in Shanghai on January 20. Photo: AFP
China inflation

China’s factory-gate prices rise for first time in 3 years as Iran war bites

The producer price index rose by 0.5 per cent in March, the first increase since 2022, as soaring global commodity prices affected Chinese firms.

China-Latin America relations

Cattle prices rocket as Brazil set to exhaust Chinese beef quota by May

As Beijing tariff nears, Brazil’s exporters are rapidly reaching their quota for China, forcing South American industry to seek new buyers.

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China's economic recovery

Xi Jinping backs services sector to power China’s next growth phase

Beijing is counting on services to rebalance growth as it faces economic headwinds and demographic challenges.

President Xi Jinping chairs a symposium in the Xiong’an New Area, north China’s Hebei province, on March 23. Photo: Xinhua
Retailing

China’s luxury spending seen boosting global sales in 2026 despite headwinds

Affluent Chinese consumers are expected to splurge, though a volatile property market and oil price shocks pose challenges, analysts say.

A huge, ship-shaped Louis Vuitton cultural and retail landmark is seen in Shanghai. China’s luxury spending is expected to help drive a global rebound this year. Photo: Getty Images
Tianjin

Japanese chains lose ground in north China as competition and deflation bite

Store closures in Beijing and Tianjin highlight mounting pressure from domestic rivals amid shifting consumer habits.

Hong Kong stock market

China’s Pop Mart struggles despite buy-backs as Labubu reliance sparks concerns

Toymaker’s shares have fallen nearly 50 per cent since February as investors weigh slowing overseas growth and dependence on flagship line.

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