EconomyConsumer
Summer Consumption Surges Across China as Cool Economy Booms
China's summer consumption surges with booming tourism, Guangdong's $120M dining vouchers, and record travel deals as the cool economy drives demand.
—4 min read
Tag
#Consumer Spending
13 articles
Economy
China Allocates $8.6B in Third Consumer Trade-In Batch
China releases third batch of 62.5 billion yuan in ultra-long special treasury bonds for consumer goods trade-ins, boosting sales past 1 trillion yuan.
—4 min read
EconomyTourism
Dragon Boat Festival Drives 650M Trips and Tourism Surge
China's Dragon Boat Festival holiday drove over 650 million trips, with cultural tourism booming, inbound travel up 31%, and consumer spending surging.
—4 min read
EconomyTechnology
China's 618 Shopping Festival Shows New Consumer Vitality
China's 618 shopping festival shows 7.7% online retail growth, AI-powered e-commerce, and a surge in health and service consumption.
—4 min read
EconomyChina
China Retail Sales Shrink for First Time Since 2022
China's retail sales fell 0.6% in May, the first decline since 2022, as consumer spending weakens and property woes deepen, signaling economic pressure.
—5 min read
Economy & Inflation
Summer BBQ Costs Jump 14% as Beef Prices Hit Record Highs
Hosting a backyard BBQ now costs $161 for 10 people as hamburger beef prices surge 14%. Inflation and a historic cattle shortage drive the spike.
—5 min read
Economy & Trade
China Unveils Three-Year Plan to Boost Car Rental Industry
China's ten government departments issue a three-year plan to transform car rental, targeting airport coverage and free cross-city returns by 2028.
—4 min read
Economy
China Trade Up 15.3% as Leading Indicators Signal Stability
China's foreign trade grew 15.3% to 20.68 trillion yuan in Jan-May 2026, while the excavator index and consumer data point to a stable, improving economy.
—4 min read
EconomyMiddle East Conflict
Iran War Reshapes US Consumer Spending as Oil Prices Surge
The Iran conflict drives oil above $100, forcing US consumers to cut spending and shift habits. OPEC+ boosts production as demand destruction fears grow.
—6 min read
TourismEconomy
China Upgrades Tax Refund Policy to Boost Inbound Tourism
China unveils version 2.0 of its departure tax refund policy with eight measures to make refunds faster and easier for international tourists.
—5 min read
EconomyPolitics
PCE Inflation Hits 3.8% in April as Spending Power Erodes
The Fed's preferred PCE inflation gauge rose to 3.8% in April, squeezing households as incomes fall and savings dwindle, complicating rate cut prospects.
—4 min read
EconomyChina
China's Trade-In Policy Drives $28.7 Billion in Spending
China's trade-in policy has benefited 31 million consumers and driven 207 billion yuan in sales as Beijing expands subsidies to smart home and AI products.
—4 min read
EconomySociety
China's 'Savvy Silvers' Emerge as Key Consumer Force
China's 55-65 'Savvy Silvers' are emerging as a major consumer force, spending on leisure, travel and self-improvement, reshaping the economy.
—5 min read