Consumption slump: Chinese consumers are buying less baijiu
China’s consumer slowdown has now hit a product long regarded as essential to doing business in the country: baijiu.
By Angela Köckritz
China’s consumer slowdown has now hit a product long regarded as essential to doing business in the country: baijiu.
By Angela Köckritz
The brand of the former German electronics success story Grundig will now be carried by an electronics company from Sichuan as part of a strategic partnership.
By Manuel Liu
Beijing wants the plan to help address the consequences of a rapidly aging population. The aim is to strengthen the weak social safety net and indirectly boost domestic consumption.
By Manuel Liu
Chinese consumers want folk dances, lantern parades, pottery and martial arts performances. Bookings are rising rapidly. The government hopes the trend will help boost domestic consumption.
By Angela Köckritz
JD.com, China’s e-commerce giant, is pushing into Germany with a promise familiar from its home market: same-day delivery. Industry insiders expect the move to reshape Germany’s online retail landscape.
By Manuel Liu and Fabian Peltsch
Demand for new cars has cooled noticeably in China since the beginning of the year. However, because exports by Chinese manufacturers are increasing, the decline is limited.
By Marcel Grzanna
JD.com’s profit was cut in half last year. To compete in China’s fiercely contested food-delivery market, the company said it absorbed sharply higher operating costs.
By Fabian Peltsch
The toy chain Pop Mart is suing the 3D printer manufacturer Bambu Lab for copyright infringement. The legal dispute could clarify the legal boundaries of 3D printing in the consumer market.
By Fabian Peltsch
To boost China’s domestic consumption, stronger redistribution is needed, says Klaus Mühlhahn of Freie Universität Berlin. But Xi Jinping suspects that transfers foster a welfare mentality.
By Leonardo Pape
Adidas is one of the few German brands in China still posting growth. CEO Bjørn Gulden – who also joined Chancellor Friedrich Merz’s delegation to China – explains what has changed.
By Helene Bubrowski