Changing tastes: China’s new affluent consumers seek quality not extravagance
In a premium supermarket in Shanghai one recent weekend, 33-year-old information technology specialist Zhao Wenyu paused in front…
China delivers record 180 billion parcels in 11 months as shoppers chase deals
China logged a record 180 billion express deliveries in the first 11 months of the year, according to…
Luxury and lifestyle giants signal renewed confidence in China’s consumer recovery
Multinational corporations including French beauty giant L’Oréal and Canadian sportswear brand Lululemon have pledged continued investment in China…
China still ‘beating heart of global luxury’ as French giant LVMH signals faith in market
French luxury giant LVMH has expressed full confidence in the Chinese market despite sluggish consumption in the world’s…