Mainland Chinese brands have been the most aggressive non-local entrants into the Hong Kong retail market so far this year, as lower rents entice popular chains – especially sellers of …
Consumers from China and India were the biggest users of digital wallets for both online and physical sales. D3sign | Moment | Getty Images Digital wallets are the fastest growing …
“The changes in Hong Kong people’s consumption patterns have brought considerable challenges to Hong Kong’s retail businesses,” said Victor Li Tzar-kuoi during CK Hutchison’s annual general meeting on Thursday. “Our …
Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat on quarterly results, former Walmart U.S. CEO Bill Simon warns …
Canadian e-commerce platform Shopify forecast its slowest quarterly revenue growth in two years against the backdrop of an uncertain economy and tepid consumer spending, sending its shares slumping about 20 …
Sichuan Baicha Baidao Industrial, which owns and operates a chain of bubble-tea shops in mainland China, tanked on its first day of trading in Hong Kong, as investors shunned the …
The rise of the middle class in China is a “big tidal wave” that global investors have not fully recognised, and it is only a matter of time before the …
The balance of payments equilibrium suggests that the current account surplus will be close to zero and the overall trade balance will probably show a shrinking surplus. China is still …
Does anyone really believe that China will hit its growth target for this year of “around 5 per cent”? Even Premier Li Qiang, who announced the ambitious goal on Tuesday …
Opinions expressed by Entrepreneur contributors are their own. Spring is just around the corner, promising a thaw not just in the weather but also in household spending. Consumers will be …