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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 view of the Lujiazui financial district in Pudong, Shanghai, on October 27, 2025. Photo: AFP
China's economic recovery

Shanghai beats GDP estimates with 5.6% growth – but two-speed recovery persists

Official data points to a resilient tech-led rebound even as prominent economists warn household spending remains stubbornly cautious.

China manufacturing

China’s car industry is on a tear overseas. So why are sales at home plunging?

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China property

Ikea’s China remodelling: parent firm to sell 8 former retail sites

Elon Musk

How Musk son’s viral bag highlights rise of China’s thriving heritage e-commerce

China’s intangible heritage crafts have evolved from handmade nostalgia into a surging online industry driven by young artisans and buyers.

Elon Musk and son Little X visited Beijing in May. Photo: Reuters
Mainland China

Under pressure: China’s yoga apparel market slows as consumers diversify hobbies

Growth has slowed in the market for yoga workout gear as Chinese consumers pivot to other brands and activities.

China economy

Opinion | How domestic tourism is driving Chinese consumption and growth

After a blockbuster first half, all eyes will be on how domestic tourism sustains the momentum through the autumn and ‘golden week’ breaks.

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Mainland China

A Shanghai bout, a home-grown fighter – can the UFC repeat the NBA’s China success story?

Two months after the White House fight night, UFC will bring one of US President Donald Trump’s favourite sports to Shanghai.

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China’s bantamweight fighter Song Yadong (centre) will take on Russia’s Umar Nurmagomedov at UFC Fight Night in Shanghai on August 29. Photo: AFP
China GDP

China’s slowing economic growth boosts case for stimulus

Upticks in June retail sales and industrial output growth to meet export demand are the bright spots amid a raft of sobering economic indicators.

China GDP

China’s second-quarter GDP misses mark, with lowest reading since end of 2022

Growth rate of 4.3 per cent complicates the country’s push to meet annual targets, contrasts with strong trade figures.

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IPO

Waning appetite: why mainland Chinese F&B stocks are losing favour in Hong Kong

IPO lapses and sliding share prices underscore how weak consumption is dulling Hong Kong’s appetite for mainland China’s food sector.

Mixue Group’s shares are down 48 per cent this year. Photo: Reuters
China trade

Fashion statement: Louis Vuitton takes China’s trademark regulator to court

The French luxury brand is suing the government body as it faces backlash over a trademark dispute with a Chinese milk tea chain.

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Shoppers queue up at a Louis Vuitton store in Hong Kong. Photo: SCMP
China economy

‘Critical period’: Beijing unveils five-year plan to boost consumption

Policymakers set US$8.85 trillion retail goal for 2030, betting on services, property and cars to anchor growth amid weak demand.

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China economy

Opinion | Why China is seriously cultivating AI entertainment

With rules and support, policymakers appear to be positioning AI and its entertainment nexus as the foundation for a new cultural economy.

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Hong Kong stock market

What Labubu fatigue? Star investor buys bigger stake in Pop Mart

China’s answer to Warren Buffett now owns a 7.65 per cent stake in the toy brand, despite a lukewarm reception for the new Labubu Hair Salon series.

Art exhibition ‘Shining Journey – Tracing Molly’s Starlight Footprint’ was held at Dolphin Square in Hong Kong’s shopping district, Tsim Sha Tsui. Photo: Sam Tsang
China manufacturing

Why factories in southern China are feeling the squeeze despite pickup in orders

Manufacturers hoping for stimulus measures turn attention to coming Politburo meeting as costs eat into profits and investment.

People assemble car smartphone holders at a plastic accessories factory in Dongguan, Guangdong province, in April. Photo: Reuters
China economy

Five Guys eyes Beijing as US chains hunger for success in China

Unlike earlier attempts that relied on management by overseas headquarters, US firms now favour franchising, analyst says.

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Chinese tourists

How a quiet Chinese fishing village became a global surfing hotspot

Wanning, on tropical Hainan Island, is now home to 160 surf clubs and welcomes 500,000 visitors a year.

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China-Japan relations

Uniqlo defies sluggish China market with double-digit profit growth

Parent company Fast Retailing shrugs off a 0.6 per cent drop in China’s total retail sales amid frayed Beijing-Tokyo ties.

The logo of the Fast Retailing clothing brand Uniqlo outside a branch in Tokyo. Photo: AFP
E-commerce

China unveils retail road map: 5 years to shield physical stores from e-commerce

Beijing’s new 2030 retail road map targets price parity and social experiences to combat ‘trading down’ as retail growth hits weakest pace since pandemic.

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China inflation

China’s factory gate prices rise in June amid brief Iran war respite

The producer price index rose for a fourth month in a row amid a momentary ceasefire, though consumer price increases missed expectations.

China GDP

Renowned economist Gao Shanwen dies at 55 after battle with cancer

During a career mapping property markets and credit cycles, the widely watched market commentator questioned official GDP figures.

Gao Shanwen, one of China’s most influential economists, has reportedly died after an extended battle with cancer. Photo: handout
Mainland China

Video | How a Chinese indie film conquered the box office

Lan Hongchun’s story about love, loyalty and immigrant struggles has struck a chord with the overseas Chinese diaspora, topping the box office with US$290 million.

Lan Hongchun’s story about love, loyalty and immigrant struggles has struck a chord with the overseas Chinese diaspora, topping the box office with US$290 million
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China's economic recovery

How China’s service economy shift could make it the world’s No 1 consumer market

The country’s share of global consumption could surpass 20 per cent over the next decade or so, becoming a critical economic anchor for Hong Kong, analyst says.

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Mainland China

Can China’s budget brands crack developed markets? Mixue shows it won’t be easy

Slow expansion in Japan and store closures in Hong Kong suggest low prices may not be enough to win over consumers in mature economies.

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China economy

After hooking China on coffee, Starbucks ramps up consumer strategy

Now that the chain has Chinese consumers hooked on coffee, it is attempting to become part of local consumer culture, analysts say.

A woman checks her phone next to a Starbucks cart in Beijing. Photo: AFP
China travel

Currency advantages, K-beauty fuel Chinese shopping trips, spending in Korea

Chinese tourists in Seoul are turning tourist trips into shopping sprees, as a softer won makes luxury and lifestyle services more affordable.

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A surgeon and a patient at a clinic in Gangnam district, Seoul, on April 16. Photo: Korea Times
Recycling and waste reduction

China unveils recycling push to bolster resource security, shore up green shift

The nation seeks to narrow the gap with regional peers such as Japan and South Korea by establishing a more comprehensive, granular recycling infrastructure.

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China travel

China’s economic clout boosts ‘passport power’, index finds

Chinese travellers are gaining easier access to destinations worldwide, even as they still require visas for more countries than they can enter freely.

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