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Insights
10-Oct-18 The future of brands like Chanel, Gucci and Prada in China may lie in cities like Hohhot, 10 hours by rail from Beijing. In such cities, with no luxury stores, buyers are twice as likely to make purchases online. [image: Shutterstock]
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Insights
05-Oct-18 Consumption of leisure services by China's middle class has grown rapidly. More than a third visit beauty salons for massage, facials and skin treatments. Younger consumers not only seek to improve their looks, but compete with others over appearance. [image: HKTDC Research]
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Insights
01-Oct-18 Candy, the Italian family-owned appliance manufacturer is in the news after being sold to Chinese electronics giant Haier, based in the Shandong port city of Qingdao, for EUR475 mn, as Haier looks to crack the European market. [image: Candy]
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Insights
25-Sep-18 Tencent Holdings plans to partner with China UnionPay to offer shoppers in Hong Kong the ability to use a Hong Kong version of the WeChat Pay mobile payment app to spend at mainland merchants using Hong Kong Dollars. [image: Reuters]
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Insights
13-Sep-18 Industry players in the consumer products sector in the Middle East and Africa are showing signs of optimism about market prospects. In the next three years, they expect to increase sourcing in Asia, particularly in Southeast Asia, China and India. [image: HKTDC Survey]
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