Cherries were once considered a luxury item in China, but a flood of cheap Chilean imports have tanked prices ahead of the Lunar New Year holiday Lunar New Year, arguably China's biggest annual ...
In the four decades leading up to the pandemic, 800 million Chinese exited poverty and began to buy things beyond their ...
Can you guess how much money super-cheap Chinese retailer Temu raked in last year? The answer is about $54 billion, and the ...
Hong Kong – China’s luxury market sales are ... including the grey market and shopping in Japan where the yen is cheap. Even luxury brands’ wealthiest customers, known as VICs, have become ...
China's luxury market declined by 18% to 20% in 2024, marking the end of a period of "exponential growth", with sales ...
Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in ...
SINGAPORE, (Reuters) - Up to 10% of China's oil refining capacity faces ... the red and accelerate shutdowns by halting access to cheap crude from the likes of Iran, industry players and analysts ...