Trouble in China's shopping paradise as Hainan duty-free spending tumbles
Duty-free spending slumped 29.3% last year in China's island province of Hainan, where global luxury players from LVMH to ...
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EXPRESS DELIVERIES RESHAPE LIVES, CONVENIENCE IN RURAL AREAS
Born and raised in Ganjiang, a rural village in Northwest China's Gansu province, Xie Ruiling first encountered online ...
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Trouble in China's shopping paradise as Hainan duty-free spending tumbles
BEIJING (Reuters) -Duty-free spending slumped 29.3% last year in China's island province of Hainan, where global luxury players from LVMH to Kering have set up shop, as a weak economy led to a ...
Nikkei Asia1 天
China widens consumer trade-in program to rev up spending
HONG KONG -- China on Wednesday said it will expand subsidies to spur sluggish consumer spending, as Beijing seeks to cushion ...
Business Insider24 天
China's biggest shopping festival couldn't convince consumers to spend more money
China has rolled out multiple rounds of stimulus ... when retailers hold their biggest sale of the year: the Singles' Day shopping festival. "This was the big disappointment of the month, as ...
E-commerce logistics index hits near 7-year high in 2024
China's e-commerce logistics index averaged 113.7 points in 2024, up 3.6 points compared with the previous year, hitting a ...
Inside China's eerie £70bn 'ghost town' that residents have labelled 'boring'
The city of Xiong'an in China has been dubbed a 'ghost town' after it was built for $85billion (£70billion) and one of its ...