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News about consumer spending and shifting shopping habits from around the world with a focus on developments in Hong Kong and mainland China.
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Hong Kong economy
A recipe for success? Why some food places thrive in Hong Kong, but others fail
As traditional chains battle to survive, more modern brands are thriving amid shifting preferences, as consumers seek out fresh concepts.
26 Jul 2025 - 4:56PM
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China manufacturing
Pop Mart wanted to be China’s Disney. Now, it’s thinking bigger, CEO says
26 Jul 2025 - 1:44AM
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Hong Kong tourism
Opinion
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Hong Kong must ensure tourism works for both visitors and locals
25 Jul 2025 - 10:20AM
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US-China relations
Labubu, soft power of a stealthy ‘ugly-cute’ sort, takes on America
The Chinese-made dolls, a playful global megahit, give Beijing an opportunity to make inroads into deep US distrust.
24 Jul 2025 - 11:36PM
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Hong Kong economy
‘Hometown flavours’ on menu at popular Hong Kong shopping festival
Zone with specialties and cultural elements from 10 mainland provinces and cities added to Hong Kong Brands and Products Shopping Festival.
25 Jul 2025 - 1:22AM
Food and agriculture
China cuts back on pork as excess hog supply drives down prices
Agricultural officials will take steps to reduce the country’s breeding stocks as price drops for pork, poultry and duck put farmers under pressure.
24 Jul 2025 - 6:30PM
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Accidents and disasters in China
China sets out ethical guidelines for autonomous driving technology
Science ministry says algorithms, models and other tech-related content must be clearly documented and accessible for inspection.
24 Jul 2025 - 6:42PM
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Banking & finance
Pop Mart sues 7-Eleven stores in US for alleged Labubu trademark infringements
Convenience stores allegedly sell fake Labubu toys and products, hurting its business and reputation, Pop Mart says in California lawsuit.
24 Jul 2025 - 5:29PM
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High Jewellery
All that glitters: brands are betting big on gold jewellery amid price surges
Amid market turmoil and tariff threats, gold is seen as a safe bet – and its prices reflect that; but luxury brands and independent designers are feeling the effects differently.
24 Jul 2025 - 4:00PM
Electric & new energy vehicles
Tesla seeks a comeback in China with refreshed Model 3 and Model Y
Carmaker expects to begin delivering the models to mainland customers as early as September.
24 Jul 2025 - 3:03PM
Banking & finance
Would you like a handbag with that latte? Luxury brands in China think so
Can international fashion and luxury groups counter a sales decline by opening coffee shops in major cities?
23 Jul 2025 - 2:16PM
China GDP
As China’s economy beats expectations, why workers continue to carry the burden
GDP growth is on pace to meet leadership’s goal for China, but a stubborn property slump, trade complications and deflationary pressure persist.
22 Jul 2025 - 10:38AM
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China property
Shangri-La luxury brand lures Chinese tourists with unique cultural experiences
‘Affluent Chinese travellers, particularly millennials and Gen Z in mainland China, are reshaping the meaning of luxury,’ hotelier says.
21 Jul 2025 - 12:35PM
China consumption
‘The American dream has faded’: how Jeep reached the end of the road in China
Chinese consumers have rapidly turned away from the iconic US brand, leading to plunging sales, spiking debts and a historic bankruptcy.
20 Jul 2025 - 11:00AM
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E-commerce
China’s market regulator summons Alibaba, Meituan, JD amid delivery war
The meeting follows months of fierce competition, during which the companies offered a blizzard of food delivery discounts to win over users.
19 Jul 2025 - 1:30PM
China consumption
China pledges more consumption incentives to service the service sector
Commerce minister says ‘shortage’ of high-quality service opportunities limits consumption, vows to tap foreign investment.
18 Jul 2025 - 7:30PM
E-commerce
Meituan executive bemoans ‘irrational’ price war with Alibaba, JD.com
Comments come as the three rivals offer increasingly hefty discounts in a heated battle for market share.
17 Jul 2025 - 7:00PM
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Timepieces
Swatch says profit plunge ‘exclusively attributable’ to declining sales in China
The Swiss watchmaking group has been contending for more than a year with falling demand for watches in China and Hong Kong.
17 Jul 2025 - 5:03PM
China consumption
‘Actionable results’ needed to get Chinese spending again, No 4 official says
On the same day China’s political advisory body called for a national discussion to solve the domestic-demand conundrum, Premier Li Qiang also pushed for measures to spur spending.
18 Jul 2025 - 2:34PM
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Smartphones
Huawei becomes China’s top smartphone seller for the first time in 4 years: IDC
Tech giant holds 18.1 per cent share of the mainland’s market in the second quarter, but shipments fall 3.4 per cent to 12.5 million units.
16 Jul 2025 - 5:00PM
Banking & finance
Labubu maker Pop Mart expects first-half profit jump of at least 350%
Beijing-based firm attributes first-half growth to the increased global recognition of the Pop Mart brand and its intellectual properties.
16 Jul 2025 - 4:24PM
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Consumer protection in Hong Kong
Go with the flow: Hong Kong consumer watchdog posts portable fan performance gaps
Study of products shows disparity in airflow and battery life, as well as concerns over ‘inadequate’ safety manuals.
15 Jul 2025 - 8:24PM
Consumer protection in Hong Kong
Hong Kong man, 80, talked into 5½-year phone plan costing 6 times usual bill
Consumer Council warns that elderly residents are among vulnerable targets of those using predatory telecommunications sales tactics.
15 Jul 2025 - 6:12PM
E-commerce
Alibaba delivers 80 million orders in 1 day amid price war
Meituan, Taobao, Ele.me and JD.com shower consumers with freebies and promotions, leaving customers gleeful and merchants overwhelmed.
14 Jul 2025 - 7:59PM
China economy
Opinion
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For Chinese firms going out, global success requires truly ‘going in’
Beyond great products and service, building a trusted brand requires Chinese firms to integrate into, not just occupy, foreign markets.
13 Jul 2025 - 8:30PM
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E-commerce
Meituan’s daily orders hit record 150 million amid rivalry with JD.com, Alibaba
Daily delivery volumes at the mainland’s top on-demand delivery giant reached 150 million from 120 million last week.
13 Jul 2025 - 2:21PM
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China property
Opinion
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Why China can’t make a clean break from reliance on land and property
There is no lack of reform ambition but there will be no clean break: the old system persists because no fully functional alternative exists.
11 Jul 2025 - 6:43AM
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Smartphones
Samsung bets on AI foldable phones to challenge Apple, Chinese rivals
The South Korean giant lost its global smartphone crown to Apple in 2023, and faces growing competition from Huawei and Honor.
10 Jul 2025 - 11:51AM
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