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

Haidilao

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

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China’s private sector

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

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.

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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.

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.

People visit the Kweichow Moutai booth at the China International Consumer Products Expo in Haikou, capital of south China’s Hainan province. Photo: Xinhua
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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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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A newly-wed couple pose for a photo with their marriage certificates at a marriage registration office on May 20 in Chengdu, Sichuan province, China. Photo: Getty Images
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.

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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.

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.

People visit a shop on a busy street in Beijing on May 7, 2025. Photo: AFP
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.

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.

Illustration: Dennis Yip
US-China trade war

Grape expectations: California winemakers optimistic for China export resurgence

Despite trade tensions and tariffs, California wineries are hopeful that US wine exports to China will recover as trade relations stabilise.

A vineyard and bike trail at sunset in Livermore Wine Country, California. Photo: Getty Images
China deflation

The upside of downsizing: Chinese youth head for more affordable small towns

Fast-paced corporate jobs leave Millennials, Gen Z burnt-out and seeking simpler lives with fewer luxuries outside China’s megacities.

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China GDP

China’s debt ratio dips. Why it may not bode well for the economy

Debt-level gains mask private-sector contraction, with government lone growth lever as households deleverage, firms shun borrowing: report.

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