middle class
Walmart-Funded Chinese E-Commerce Site Yihaodian Expands Into Wine Market
China's booming e-commerce market continues to attract an ever-increasing number of retailers, all with eyes on tapping demand from the country's middle class for everything from apparel to automobiles. Read More
China To Get First “Yoga College”
Along with the usual spas, free weights and treadmills, rising demand from stressed-out middle class Chinese urbanites has been the popularity of yoga skyrocket over the past decade. Read More
Report: China Set To Be World’s Largest Luxury Watch Market
This week, the Shanghai-based magazine "Fortune Character" released a report saying that China is set to become not just the world's largest watch market in terms of demand, but in… Read More
Champagne Imports Soar In China, Sink In France & UK
Along with other emerging markets like Russia and Brazil, demand for high-end bubbly among China's growing middle class is causing a highly welcome boost for an industry that's encountering tougher… Read More-
With Competition Growing In China, French Winemakers Find Weibo Critical
In order to maintain their dominance in the contentious and booming China wine market, French winemakers and wine-growing regions too are turning to the microblogging platform in a big way. Read More -
Chinese Wine E-Commerce Sites Court Middle Class With New Features
With annual consumption among China's emerging middle class still a drop in the bucket compared to France and Italy, companies are adopting popular online sales models in an attempt to… Read More -
Report: Look For Second-Hand Luxury Boom In China This Year
According to the newest UIBE China Luxury Report, 2012 should be another good year for luxury brands in China, though a growing number of ultra-wealthy consumers may cut back in… Read More -
2011 Chinese Outbound Tourism Spending Expected To Reach $55 Billion
One year after overtaking French travelers to account for the world's fourth largest spending on international tourism, outbound Chinese tourists continue to head overseas (and spend) in record numbers. Read More -
Foreign Breweries Touting Premium Beer In China, But Are They Doing It All Wrong?
With living standards rising, and more international brewers eying the country's growing middle class, Chinese beer drinkers have become spoiled for choice, with brands like Carlsberg and Heineken becoming ubiquitous… Read More -
China, Hong Kong “Confirm Dominance Of Bordeaux” In Global Wine Market
Wineries from Burgundy and the Loire Valley in France, as well as the U.S., Canada, Australia, Chile and Italy may be working overtime to catch up, but for the time… Read More
