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Chinese consumers News

Chinese consumers spend billions

11 Nov 2017

Chinese consumers spend billions in 'Singles Day' shopping binge, sales race past $20 bn

Also known as "Double 11" for the November 11 date, the event launched in 2009 by e-commerce giant Alibaba kicked off at midnight and ended up shattering the previous year's sales mark, as it does every year.

online shopping

12 Nov 2015

World’s biggest online shopping day nets over $14 billion

E-commerce giant Alibaba said Thursday that Chinese and international consumers spent more than $14 billion in the world’s biggest online shopping day, as it sought to soothe worries over China’s slowing economy.

23 Sep 2015

China consumers tighten belts, a red flag for the global economy

Terry Xu considers himself one of the lucky ones.

German luxury cars

11 Jul 2015

China market rout, slowing economy sap demand for luxury cars

Prices for German luxury cars in China are tumbling as the country`s stock market sell-off and worries about broader economic growth chill demand for auto brands that once commanded price premiums from affluent Chinese consumers.

Shenzhen tech malls

10 Apr 2015

In China, knock-off Apple Watches have their own fans

Lining the glass display cases of Shenzhen`s giant tech malls, knock-off versions of Apple Inc`s smartwatch were on sale at many stalls, with some Chinese consumers eager to snap them up for a fraction of the cost of the original.

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