china gdp
Global Luxury Rebounds: LVMH, Hermès Sales Soar Due To Chinese Spending
Luxury spending in China is outpacing the growth of the country's economy. Companies like LVMH are taking note and expanding their presence in the newly-reopened nation. 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
Guangdong Boasts Highest Provincial GDP In China At $1.7 Trillion
With a GDP of $1.7 trillion, Guangdong has long been China’s main manufacturing hub. As such, more luxury brands have shifted production to the province. Read More
China’s GDP Recovers In Q3 2022 But Retail Still Lags Behind
The Chinese economy is recovering from the second-quarter slump largely caused by lockdowns in Shanghai. Can we expect a bullish retail performance soon? Read More
What China’s Moderate Q2 GDP Growth Means For Luxury
China’s GDP in Q2 2021 was slightly below analyst estimates, but retail sales remained strong. Should luxury players be concerned? Read More
China’s Economy Bounced Back – Or Did It?
The Chinese economy bounced back strongly in 2021’s first quarter, according to China’s National Bureau of Statistics, but can we trust these numbers? Read More
Will the Rest Of The World Drag Down China’s Economy?
China’s gross domestic product has grown by 3.2 percent in the second quarter of 2020, but continued recovery will now be dependent on global reform. Read More
China’s Retail Sales Recovering, Though Fashion-Related Sectors Remain Behind
China’s retail sales of consumer goods have seen a slight recovery in March, up 4.7 percent, but fashion-related sectors are still behind the curve. Read More
China’s Online Users Less Sensitive on Security: 2018 Internet Trends Report
As mobile payment booms by 200 percent, Chinese users are far less concerned about online privacy than their western counterparts. Read More
Consumers in China’s Lower-Tier Cities To Spend $10 Trillion By 2030
A report by the investment bank Morgan Stanley predicts that the purchasing power of Chinese consumers in lower-tier cities will reach $10 trillion by 2030. Read More
