consumption Archives - Page 2 of 2

China’s retail property markets to benefit from consumption recovery as Beijing tops fourth quarter performance

Retail property markets in China’s first-tier cities showed signs of improvement in the last quarter of 2023, and experts are projecting sustained momentum in 2024, underpinned by a gradual increase …

Opinion | Reports of Chinese economic miracle’s demise are greatly exaggerated

by Anas Siddiqui

China’s economic performance over the last year has been disappointing, so much so that some observers argue that growth has already peaked and that it is all downhill from here. …

Harvey Nichols to vacate Landmark mall in Hong Kong’s Central after nearly 2 decades amid weak spending by locals, Chinese tourists

by Anas Siddiqui

Harvey Nichols, the London-headquartered multibrand luxury retailer, is leaving Landmark, the upscale mall in Hong Kong’s Central after 18 years. The retailer is set to officially close its doors by …