Tag Archives: consumer

China influencing world economy

China is becoming more of an influence on the world economy as the country becomes a major trading partner for many nations and a growing source of foreign direct investment, he said on Tuesday at Fitch’s Global Sovereign Conference in New York. Fitch is one of the “big three” US credit ratings agencies, alongside Moody’s Investors Service and Standard & Poor’s.

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Inflation up, but not a worry

China’s consumer prices beat market expectations in January to hit a three-year high thanks to pickup in consumption and travel activities during the Spring Festival season, but analysts said inflation may ease in February and not become a major concern this year.

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Chinese tourists’ spending may slow

US retailers and brands are being advised to upgrade their Chinese consumer strategies and tactics and heed changes in market factors, such as currency exchange rates, to court Chinese travelers, the world’s largest group of spenders.

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China plans bureau for immigration, report says

Move by ministry would smooth process for high-end foreign talent, according to experts

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Consumer spending will reach $6.4 trillion by 2025

Despite a slowing economy, consumer spending in China will hit $6.4 trillion by 2025, up from $3.7 trillion in 2014, and total consumer spending in the decade between 2015 and 2025 will be $56 trillion, according to a report.

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Shoppers optimistic about economy: survey

Chinese consumers are optimistic about their country’s economy despite a rocky stock market turndown this past summer, but they will be changing their shopping habits and turn even more toward e-commerce, according to a study.

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