China Macro Economy reported that China’s official consumer price index (CPI) fell to minus 0.5 per cent in November from a year earlier – down from 0.5 per cent growth in October.
As with all industries in China, the wine industry moves at a dynamic pace. It is not just the volume of consumption that changes from year to year, it’s the market trends too.
As the world’s second-largest consumer market with an emerging middle class that’s ready to spend, it’s no surprise that an increasing number of Western brands are eyeing China as their chosen market for global expansion.
WeChat is a multipurpose, social media platform, that is used primarily across mainland China and has more than 1 billion monthly active users (MAU) according to Tencent.
The hukou system in China is the system of household registration that is currently in place, which identifies a person as being a resident of a particular area. As such, the person’s residence...
With the lockdowns being lifted and businesses getting back to work, China is on the path of gradual recovery, after the coronavirus outbreak. As a great deal of businesses...