‘Not in this economy’: Guangdong’s huge subsidy scheme falls flat with consumers
In early November, China’s most populous province launched its biggest ever consumer subsidy programme, with the government pledging…
‘Unforgivable’: Chinese county still living in shadow of wild spending binge
Few areas of China reflect the country’s decades-long economic transformation more vividly than its cities. Rapid development has…
Foreign brands in China are losing market share to domestic rivals, year after year
The world’s largest jewellery company by volume is facing a wave of store closures across China – a…