By 2030, China is predicted to be the single-largest consumer market globally, contributing up to 40% of worldwide luxury spending. And by 2025, the number of Chinese upper-middle and high-income households is expected to reach 200 million, with 82 high-income cities emerging. China continues to have one of the world’s most dynamic and fast-growing retail and e-commerce ecosystems, and offers a plethora of opportunities for UK brands should they be savvy enough to …
Chinese market
China’s sudden reopening, three years after travel restrictions severed links between its coastal cities, other Asian financial hubs, and the rest of the world, has given businesses plenty of opportunities and challenges to consider. Hawksford’s Commercial Director for China, Fabio Stella, discusses the latest trends and implications of this return to normality and what they may mean for foreign businesses in the region An economy just out of quarantine Since …
With a value of over £17 billion and companies like Tencent and NetEase leading the way, China’s e-sports market is ripe with opportunities for British businesses – from technology companies to consumer brands and beyond. Jack Forsdike finds out more It is no secret that China’s games industry is colossal, but there’s also a specific market within the games industry that is becoming too big to be ignored: e-sports. E-sports …
While baijiu and whiskey are still the most widely popular spirits in China, gin is slowly becoming the spirit of choice among young Chinese drinkers. Coquina Restrepo finds out more about China’s growing gin market Gin is a relatively new spirit on the shelves of Chinese bars, but it has distinguished itself as the chameleon of drinks. It’s not too sweet, not too strong and can be blended to have …
From the importance of good translation to entrepreneurial techniques for surviving China’s uncertainty, these 10 best non-fiction books on China – introduced by author Paul French – offer an insight into what happened in 2022 … and what we can expect to happen in 2023 On the Edge: Life Along the Russia-China Border, Franck Billé and Caroline Humphrey The Russia-China border winds for 2,600 miles through rivers, swamps, and vast …