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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.
Homebuyers shop at a pre-sale event in Yangxin county, Binzhou city, in East China’s Shandong province on February 23, 2025. Photo: Getty Images
China's economic recovery

The double-edged sword China has unsheathed in the housing market

Beijing aims to restore buyer confidence, trading near-term financial pain for some developers for long-term market stability, analysts say.

China manufacturing

China’s factory activity improves in August, but stays in contraction

China economy

Will minimum-wage increases in more Chinese regions help boost consumption?

Mainland China

‘On-the-ground exports’: Shanghai turns to foreign tourists to boost consumption

Inbound visitors are considered a low-cost initiative to address the nation’s consumption figures.

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Tourists from Russia take a selfie at the Bund area in Shanghai. Photo: Xinhua
Haidilao

Takeaway boom, new brands make up winning mix for Chinese hotpot chain Haidilao

Takeaway emerges as Haidilao’s fastest-growing segment as it diversifies its formats, expands into lower-tier markets despite a soft economy.

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China’s private sector

As bubble tea craze cools in China, can full equity buyouts revive growth?

Bain Capital’s acquisition of Gong Cha may signal a shift in bubble tea investment strategy, as sector slows after years of rapid expansion.

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Retailing

Louis Vuitton trims China presence amid fallout from trademark dispute

The latest China store exit in Guiyang highlights the luxury brand’s struggle to balance prestige with cultural empathy amid legal disputes.

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People walk next to a Louis Vuitton shop in Shanghai. Photo: AFP
China's economic recovery

‘Policy addiction’ warning signals Beijing’s preference for targeted stimulus

With an eye on long-term stability, People’s Daily says officials have tools to respond amid weak demand, property risks and local-government debt.

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Durians in China

Chinese durian lovers rejoice as better logistics send prices lower

Improved cold-chain transport links are making durians cheaper in the world’s biggest market for the pungent tropical fruit.

China's economic recovery

Shanghai is lowering second-home down payments. Will it aid the property market?

The megacity joins Beijing in further easing financial barriers for homebuyers, as authorities push to spark a durable recovery.

Potential buyers view property models at a real estate sales office on October 2, 2024, in Shanghai. Photo: Getty Images
Consumers

China eyes rural markets, local town centres to tackle national consumption woes

The nation is looking beyond its higher-tier cities like Beijing and Shanghai to address weak domestic demand.

A customer buys vegetables at a market in Nanjing, in eastern China’s Jiangsu province, on March 9. Photo: Xinhua
China’s film industry

Chinese war comedy tops 1 billion yuan, defying box-office slump

The global perspective and anti-war message offered by ‘Once Upon a Time in the Middle East’ is resonating with audiences, helping boost summer ticket sales.

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China stock market

China’s state funds exit Kweichow Moutai as 25-year profit growth comes to end

Central Huijin Investment and China Securities Finance are not among Kweichow Moutai’s top 10 shareholders as of second quarter.

Mainland China

China’s economy cools amid debate about risks of global crisis

July data adds to signs of slowdown in China’s economy, while an ex-US trade representative argues that the nation’s over-reliance on exports poses global risks.

Photo: CN-STR/AFP
Retailing

High-spending counties offer a rare bright spot amid China’s weak demand

Lower costs, lighter debt and return-migrant capital are boosting household purchasing power in China’s smaller cities.

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Retail spending in China’s county-level economies has risen to match or surpass that of the country’s biggest cities, according to data from local authorities. Photo: Xinhua
China’s private sector

South China tech hub’s wet summer puts damper on small business profits

Shenzhen’s wettest July in more than three decades saw foot traffic plummet and also caused severe disruption to airline schedules.

China's population

China’s marriage rate is still declining. What does it spell for the economy?

Fewer weddings, rising divorces and plunging birth rates risk exacerbating the fallout from a rapidly ageing population.

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Retailing

Gap bucks retail headwinds with massive China expansion amid localisation drive

Gap’s plan for dozens of new stores and return to Hong Kong market comes as Ralph Lauren also posted a 40 per cent year-on-year jump in China sales in past quarter.

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A Gap location is seen in Shanghai. Photo: Shutterstock
China economy

Opinion | China’s economic problems have been diagnosed. Will policymakers act?

What is missing is the willingness to redirect resources away from growth engines of the past and directly support Chinese households.

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Banking & finance

China’s banks look to unload US$8.2b in bad credit-card loans

The pace of disposal efforts has accelerated since July, coinciding with the country’s slowing economy.

Consumers

Lululemon rival Alo Yoga enters China market with new store on Alibaba’s Tmall

The US brand announced its entry into China in June as part of its international expansion to tap the premium ‘athleisure’ market.

An Alo clothing store at a shopping mall in Houston, Texas. Photo: Shutterstock Images
Mainland China

China’s factory-gate prices growth slows to 3.5% in July amid lower fuel prices

Amid lower domestic fuel prices and weak domestic demand, the national consumer price index rose 0.5 per cent last month.

A staff member examines electric tricycles before shipment in China’s Shandong province on July 30, 2026. Photo: AFP
Luxury brands

In Focus | ‘Quiet luxury’: why premium Chinese consumers are embracing home-grown brands

A growing number of local brands are winning over premium consumers who prize craftsmanship, innovation and a high‑value sense of luxury.

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China economy

Editorial | China’s moves to fuel growth driven by consumption are strategic

Government subsidies for consumer goods can only go so far. Beijing’s first five-year plan to lift household consumption is part of an essential pivot.

Hangzhou

Haidilao takes on McDonald’s, KFC with burger brand amid slowing hotpot growth

As burger outlets crowd the domestic market, Haidilao attempts to expand amid declining demand for hotpot.

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Haidilao launched its Fresh Burger store in Wuhan last month. Photo: Handout
Electric & new energy vehicles

Chinese EV sales falter at home as growth slows

Big three Chinese premium vehicle makers’ deliveries decline in July and central bank vows steps to foster economic growth as it hits a four-year low.

Chinese-made MG Cyberster electric vehicles await loading onto a ship for export. Photo: AFP
Retailing

How global brands are winning in China’s sluggish retail market

The likes of Adidas and L’Oreal are thriving in the evolving market, showcasing strong growth driven by changing consumer demands.

China economy

Opinion | How likely is Beijing to walk the talk on boosting consumption?

As long as external demand holds up, policymakers appear relatively untroubled by weakening domestic demand, despite rhetoric to the contrary.

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