Consumer


FMCG spending steady in Q4, consumers turning on to online

China’s fast moving consumer goods spending rose 4.3 percent in the fourth quarter, a steady pace compared to a year earlier, as weak manufacturing activity and slower fixed-asset investment dampened performance,...

February 13, 2019, Wednesday


Spring Festival fuels surge in online economy

Chinese consumers’ enthusiasm for digital shopping and payments boomed during the weeklong Chinese New Year holiday and Internet companies reported an increasing number of participants in New Year-themed...

February 12, 2019, Tuesday


Consumers get more confident, investors wary

Shanghai’s consumer confidence rallied but investor confidence remained flat in the fourth quarter of 2018, the latest Shanghai University of Finance and Economics survey shows....

January 8, 2019, Tuesday


Chinese consumers tipped to dominate luxury market

THE Chinese consumers will make up for at least 45 percent of the luxury market spending by 2025, up from an estimated 32 percent this year, according to the 17th edition of Bain & Co’s annual luxury ...

November 22, 2018, Thursday


New economy: young adults in small cities

The skyscrapers and neon lights of Guangzhou and Hefei failed to lure Zhang Shaoyang, a 24-year-old teacher in Huoshan County in the city of Lu’an, eastern China’s Anhui Province....

October 11, 2018, Thursday


US consumer spending posts solid rise

US consumer spending rose a solid 0.4 percent in July, the sixth straight month of healthy gains....

August 31, 2018, Friday


Chinese consumers stay confident in Q2

China’s consumer confidence remained high in the second quarter of the year, according to a research report by global measurement and data analytics company Nielsen....

August 27, 2018, Monday


Didi to invest US$1b to re-brand one-stop car services business

China’s leading ride-hailing service provider Didi Chuxing said yesterday it will invest US$1 billion in its auto services business as part of its efforts to re-brand the unit....

August 7, 2018, Tuesday


Starbucks, Alibaba to join forces

Alibaba and Starbucks have entered into a partnership where the coffee chain will leverage the e-commerce giant’s digital and delivery network to access more consumers and compete with local boutique coffee...

August 3, 2018, Friday


Mary Kay is committed to health and nutrition

THE recent launch of the Mary Kay (China) Science and Technology Center in Shanghai marked a huge step forward for the iconic beauty company, expanding its focus on cosmetics and beauty products, to the ...

August 1, 2018, Wednesday




 

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