4 h. ago China Consumer Sentiment Study: Does National Day Golden Week Benefit Foodservice?

China Consumer Sentiment Study: Does National Day Golden Week Benefit Foodservice?  Circana

Politics

21 h. ago Commentary: Chinese consumer behaviour during Golden Week was exactly what Beijing hoped to avoid

Commentary: Chinese consumer behaviour during Golden Week was exactly what Beijing hoped to avoid  CNA

Politics

34 h. ago Apple’s iPhone and beauty products lead the charge in record

Alibaba Group Holding kicked off direct sales for its annual Singles’ Day shopping festival on Monday, with initial figures surpassing last year’s performance – a sign of strengthening domestic consumption during China’s biggest online retail event. Since direct sales began on Taobao and Tmall at 8pm on Monday, 80 brands had exceeded 100 million yuan (US$13.8 million) in sales within the first hour, while more than 30,000 brands doubled their takings from a year earlier, according to data...

Politics

57 h. ago China consumers file antitrust complaint against Apple over app store practices

China consumers file antitrust complaint against Apple over app store practices  Reuters

Politics

64 h. ago China’s Economy Holds Steady, but Consumers Grow More Cautious

China’s Economy Holds Steady, but Consumers Grow More Cautious  The New York Times

Politics

4 d. ago China’s economy ‘cannot survive’ without American consumers, says financial journalist

China’s economy ‘cannot survive’ without American consumers, says financial journalist  Fox Business

Economics

5 d. ago Apple’s iPhone Air sells out in China after CEO Tim Cook’s visit

Apple’s iPhone Air sold out within minutes of its launch in China on Friday, underscoring the device’s popularity among Chinese consumers despite competition from Android devices. The strong sales followed CEO Tim Cook’s visit this week to promote the product in the world’s largest smartphone market amid ongoing geopolitical tensions between China and the US. As chairman of an advisory body at Tsinghua University’s management school, Cook also met Vice-Premier He Lifeng on Thursday. Pre-sales...

Society

7 d. ago Price surge weighs on gold, silver sales in India’s Diwali market

Record-high gold and silver prices fuelled by US-China friction have dented demand for the precious metal in key consumer market India, in the lead-up to the peak buying period for the Diwali festival. Gold was trading at US$4,197.5 per troy ounce on Wednesday afternoon, as a spike in US-China trade tensions fuelled investors’ demand for the asset, long seen as a safe-haven investment. The silver market has been gripped by a lack of liquidity, sparking a worldwide hunt for the metal. Prices hit...

Economics

7 d. ago China’s EV giants head overseas, Tesla Shanghai plant boosts output: 7 EV reads

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. Tesla’s Shanghai factory deliveries hit record as Model Y variant woos buyers Tesla’s Shanghai Gigafactory saw a jump in deliveries last month, as its upgraded models struck a chord with wealthy Chinese consumers who favour spacious vehicles. 2. As China’s EV boom makes the EU anxious,...

Politics

7 d. ago Invest and expand in Hong Kong, Paul Chan tells US firms despite trade tensions

Hong Kong’s finance chief has called on American businesses to invest in the city as he begins his latest visit to the country, even as global concerns grow over the possible re-escalation of the US-China trade war. The government on Wednesday said that Financial Secretary Paul Chan Mo-po arrived in New York the previous day and attended the annual gala dinner of the National Committee on United States-China Relations (Ncuscr), a non-profit organisation that promotes understanding between the...

Economics

7 d. ago China’s consumer prices fall as deflationary pressures persist

China’s consumer prices fall as deflationary pressures persist  Financial Times

Events

7 d. ago Chinese economic data shows fight against deflationary pressures not yet won

China’s consumer prices fell again in September as demand remained weak in the world’s second-largest economy, while a slight narrowing of the fall in factory-gate prices gave a hint that Beijing’s efforts to curb involution – cutthroat intra-industry competition that pushes prices lower – could be making ground. The national consumer price index (CPI), a key gauge of inflation, fell 0.3 per cent year on year last month, according to data released by the National Bureau of Statistics on...

Economics

7 d. ago China’s deflation fight drags on, amplifying calls for monetary easing

China’s consumer prices fell again in September as demand remained weak, while a slight narrowing of the fall in factory-gate prices gave a hint that Beijing’s efforts to curb involution – cutthroat intra-industry competition that pushes prices lower – could be making ground, even as economists said further monetary easing remained an option. The national consumer price index (CPI), a key gauge of inflation, fell 0.3 per cent year on year last month, according to data released by the National...

Politics

7 d. ago China's annual consumer, producer prices remain negative in September

China's annual consumer, producer prices remain negative in September  Reuters

Politics

7 d. ago China consumer prices drop more than expected in September, staying in deflationary territory

China consumer prices drop more than expected in September, staying in deflationary territory  CNBC

Politics

8 d. ago Hong Kong to review tourist capacity and marine protection amid coral damage

Hong Kong authorities will assess the capacity of some popular tourist hotspots and intensify efforts to educate visitors, aiming to balance environmental protection with tourism, following incidents of visitors trampling corals in a geopark during the “golden week” holiday. Chief Executive John Lee Ka-chiu revealed on Tuesday that his administration was conducting a study to include ecologically important sites within marine park protected areas for improved coastal conservation. Lee announced...

Events

9 d. ago China’s exports rebound, military mouthpiece’s PLA vow: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. China’s exports defy expectations in September under weight of trade war uncertainty China’s exports rebounded in September after hitting a six-month low in August, supported by recovering overseas demand and front-loading ahead of the “super golden week” holiday – though the latest flare-up with the United States over the weekend has renewed uncertainty...

Events

9 d. ago Trump tariffs live updates: Trump downplays China tensions; Goldman sees US consumers paying 55% of costs

Trump tariffs live updates: Trump downplays China tensions; Goldman sees US consumers paying 55% of costs  Yahoo Finance

Economics

9 d. ago Trump tariffs live updates: Goldman sees US consumers paying 55% of tariff costs; Trump downplays China trade tensions

Trump tariffs live updates: Goldman sees US consumers paying 55% of tariff costs; Trump downplays China trade tensions  Yahoo Finance

Economics

9 d. ago Trump bet China would face 'tremendous difficulties' without U.S. consumers—Beijing just focused on the rest of the world instead

Trump bet China would face 'tremendous difficulties' without U.S. consumers—Beijing just focused on the rest of the world instead  Fortune

Politics