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

E-commerce

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

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China inflation

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

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.

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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A Mixue store in Puchong, Malaysia. The Chinese brand has made significant inroads in Southeast Asia and is seeking to bring that success to developed markets. Photo: Shutterstock
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.

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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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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Waste batteries are pooled for recycling at a facility in China’s Anhui province. Photo: Xinhua
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.

China’s passport strength is slowly climbing global rankings on a stronger economy, better quality of life and more outbound travel and investment. Photo: Shutterstock
Intellectual property in China

Court orders Chinese tea chain to pay Louis Vuitton US$1.5m in trademark row

Shenzhen-based Molly Tea says it plans to appeal against the ruling.

Mainland China

Big name sportswear brands in China held scoreless at the World Cup

Sales are declining despite the World Cup because international and domestic brands face weak consumer demand amid economic concerns.

Hong Kong stock market

Can Hong Kong absorb a US$100 billion share flood amid the global AI boom?

A surge in shares becoming eligible for trading comes as investors pour into AI-linked stocks in rival markets.

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Hong Kong Exchanges and Clearing in Exchange Square, Central, Hong Kong, on June 11. Photo: SCMP/Jelly Tse
Mainland China

Will AB InBev’s World Cup beer sponsorship pay off in China?

Goldman Sachs analysts say weak catering traffic is brewer’s biggest headwind, while “super premium” products are outperforming.

A cyclist rides past an advertisement for Budweiser beer in Beijing. Photo: AP
China travel

How China’s visa-free boom is reshaping tourism beyond major cities

A growing number of foreign travellers are taking advantage of looser rules to venture inland, fuelling a shift away from traditional hotspots.

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Mainland China

China faces economic balancing act: AI, exports boom while consumers stay home

Two high-level meetings show that Beijing is aware of economic imbalances as Politburo prepares high-stakes growth assessment next month.

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Luxury brands

Self-expression, experiences, resale: what luxury clients really want

A new McKinsey and Business of Fashion report reveals how aspirational spending, emotional connection and experience are reshaping the luxury sector.

Shoppers queue outside a Dior boutique on Canton Road in Tsim Sha Tsui, Hong Kong, in 2024. The luxury market has cooled down recently, but is predicted to make a comeback by 2030. Photo: Jelly Tse
Consumers

Pandora, Swarovski shrink China footprint amid shifting consumer preferences

In the first quarter, China’s gold consumption reached 303.3 metric tons, up 4.4 per cent year on year.

China GDP

Open Questions | Economist Richard Koo on China and Japan’s shared ‘battle against time’

China has strong tech industries and a large market – but so did Japan before its recession, warns the Nomura Research Institute scholar.

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China-South Korea relations

Will K-pop give South Korean retailers an edge in China market?

Even though China’s convenience store market is crowded with Chinese rivals and foreign peers like 7-Eleven, it remains far from saturated.

A man walks past a Taobao and Tmall display at the Alibaba office in Beijing. Photo: AFP
China deflation

Open Questions | Nomura economist on China’s deflation woes, fraught Japan ties

Richard Koo on the difficulty of raising consumption spending, why fraying Tokyo ties should worry Beijing, Trump’s weakness and fallout from Iran war.

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Illustration: Henry Wong
China’s private sector

China is fretting over a demographic crisis – but what companies might benefit?

Goldman Sachs says pharmaceutical, biotech sectors could see strongest tailwinds, while car industry, tech hardware makers may struggle.

China's economic recovery

Beijing’s plan to revive foreign direct investment

SCMP Plus annotates 15-point plan released by the central government aimed at attracting foreign investment and reversing a decline in capital inflows.

Walmart

After Beijing’s food-safety warning, will Sam’s Club slow its expansion?

Firm makes leadership changes but might have to prioritise supply chain shortcomings after Beijing’s ‘accountability interview’.

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People shop in a Sam’s Club in Shenzhen on June 15. Photo: Sam Tsang
China's economic recovery

China steps up push to revive foreign investment. Will it be enough?

The measures include greater market access in services, finance and healthcare, though analyst says it remains unclear how the reforms will be implemented.

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The State Council Information Office holds a press conference on policies and measures to stabilise and optimise the utilisation of foreign investment, in Beijing on June 22. Photo: Xinhua
Mainland China

Why are cash-strapped Chinese cities spending millions to host TV shows?

Jiangshan spent heavily to host the Chinese version of ‘Running Man’, but the project has provoked backlash amid China’s economic slowdown.

E-commerce

China’s e-commerce platforms help unlock global markets for South Korean brands

China’s cross-border platforms, which sell to millions of shoppers, are acting as a low-cost route to overseas customers in several regions.

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