CHINA TOPIX

04/27/2024 10:06:37 am

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China's JD.com launches

China's JD.com Optimistic About Brexit; Launches 'British Mall'

While some economic analysts have said China will be affected by Britain's decision to leave the European Union, Chinese online retail giant JD.com thinks otherwise. Instead, the company has said it is an opportunity to enhance China's trade and exports.

Survey reveals Chinese shoppers will spend more on premium items

Chinese Consumers to Spend More on Premium Products

Consultancy firm McKinsey & Co. revealed that Chinese shoppers will increase their spending by 10 percent this year until the end of the decade as their wages increase. More than half of the consumers are anticipating a salary hike over the next five years.

Foreign establishments are experiencing a booming economy in spite of China's economic slowdown

Foreign Firms Target Chinese Consumers

Amidst China's economic slowdown, foreign enterprises such as coffee shops and clothing boutiques claim that their businesses are flourishing.

Cans of Snow beer

Change in China's Beer Taste Attracts Brewing Giants

Chinese customers' taste of beer is changing. Before, consumers preferred local mass-produced beers, but nowadays, they choose to chug down imports and local craft beers.

Skype for Business

Microsoft Launches Skype Business App; will Replace Lync

Microsoft wants to offer a unified experience across its varying services so consumers and businesses will have equal experiences.

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