Zihao Liu
BCG Report: China’s Middle Class To Reach 40 Percent Of Population By 2030
BCG highlights the explosion of China’s middle class while reporting notable discrepancies between age groups. What lessons can luxury brands learn? Read More
Mixc Malls Unveils Ambitious Plan To Expand Into China’s Emerging Luxury Market
CR Land, owner of Mixc luxury malls, plans to enter more second- and third-tier cities this year. How will the expansion impact China’s luxury market? Read More
Will Hainan’s Duty-free Plan Threaten Hong Kong’s Status As China’s Shopping Mecca?
Hainan announced it will operate independently from China Customs after 2025. What impact will this have on Chinese luxury and travel retail? Read More
Bottoms Up: How China’s Pleasure-seeking Consumers Are Falling For Luxury Whisky
As whisky booms in popularity in China, there is a huge opportunity for premium whisky brands to engage with new, younger consumers. Read More
China’s Gen Z Spiritual Awakening? Young Chinese Flock To Temples
What Happened: China’s millennials and Gen Z are flocking to famous Buddhist temples across the nation this spring. Visits to temples have surged 310 percent since the beginning of 2023,… Read More
Boosting Consumption, Economic Stabilization Among Top Agendas At China’s ‘Two Sessions’
China just concluded its most important annual political event, the Two Sessions, and indications are that it’s good news for luxury brands. Read More
Why Is American Retro-core Going Viral In China?
Young Chinese fashionistas are embracing retro outfits from '80s and '90s America. Why is the trend surging and what does it mean for brands? Read More
High-Net-Worth Individuals’ Luxury Preferences Revealed In New Hurun Survey
China's wealthy favor luxury items that increase in value, such as Birkin Bags and Rolex watches, while younger HNWIs spend to reward themselves. Read More
What Do China’s One Billion Plus Short Video App Users Mean For Luxury And E-commerce?
The number of short video app users in China surpassed 1 billion for the first time. How can brands capitalize on this medium? Read More
Will Chengdu’s Luxury Shopping Malls Reclaim Growth Momentum In 2023?
Luxury malls Chengdu IFS and the Taikoo Li Chengdu both saw declining revenues in 2022. What will 2023 bring? Read More
