Monthly Archives: December 2019

China’s expanding winter sports market in the run-up to the 2022 China Winter Olympics

By |2020-03-25T04:03:31+00:00December 18th, 2019|Posts|

In recent years, China’s rapid economic development and an associated growth in average personal incomes has seen growing numbers of Chinese consumers involved in leisure activities such as winter sports. The scale of the Chinese winter sports industry reached 397 billion yuan (USD 60.17 billion) in 2017 and it’s expected to hit 600 billion yuan [...]

China’s appetite for international luxury brands presents tremendous opportunities

By |2020-04-24T05:12:58+00:00December 12th, 2019|Posts|

In 2018, the global luxury goods and experience market grew by 5% to around USD 1.35 trillion, with personal luxury goods making up USD 292 billion of that. And 33% of that total came from Chinese shoppers. This article looks at the main luxury sectors attracting Chinese spend, the challenges facing foreign luxury retailers and [...]

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China’s e-business platforms are leading the world

By |2020-03-24T07:25:49+00:00December 5th, 2019|Posts|

In the last decade, China has gone from generating just 1% of global e-commerce transactions to more than 40% of the world’s e-commerce transactions, according to the World Economic Forum (WEF). China is fast becoming a leader in e-business. This article describes the popular platforms and the opportunities for international businesses. Chinese consumers’ e-buying habits [...]