U.S. Beef Prices Hit Record High as Cattle Herd Shrinks
U.S. beef prices jumped over 10% in July as the cattle herd shrinks, outpacing inflation. Consumers adapt with lean cuts and plant-based swaps amid tighter supply.
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Chinese mainland retail sales rise 3.7% in July
Chinese mainland retail sales rose 3.7% in July, signaling renewed consumer confidence and digital consumption trends across major markets.
China’s Tax Refund Sales Skyrocket 94.6% in H1
China’s outbound tax refund sales surged 94.6% in H1 as Beijing, Shanghai, and Guangzhou expand tax refund stores, driving a new wave of global shopping and retail innovation.
China’s Unexpected Economic Resilience Fuels New Growth Era
China posted a surprising 5.3% H1 growth, driven by manufacturing upgrades, surging services, and renewed consumer confidence—showing unexpected economic resilience.
China Launches Ambitious Plan to Revitalize Rural Service Sector
China unveils a 14-point plan to boost its domestic service sector, aiming to create jobs, boost rural incomes, and modernize consumer services in urban and rural areas.
New Policies Fuel Consumption in China’s Economy
Experts at WEF 2025 in Tianjin explore how the Chinese mainland’s latest consumption policies are reshaping consumer confidence and driving economic growth.
Chinese mainland Retail Sales Surge 6.4% in May; Fastest Growth Since Dec 2023
Retail sales on the Chinese mainland jumped 6.4% in May, marking the fastest growth since December 2023. Holiday spending, subsidies, tourism and early shopping festivals sparked the surge.
Tariff Toll: Americans Cut Summer Spending Plans
New surveys show Americans are trimming summer spending amid rising trade tariffs, with 2 in 3 planning to cut back as economic uncertainty grows.
From Factory to Innovation Hub: Chinese Brands Reshape the Global Marketplace
China Brand Day’s 2024 Hurun list spotlights Douyin, Pinduoduo, BYD and more—signaling a shift from the world’s factory to a global innovation hub driven by tech and culture.
Chinese Mainland’s Domestic Demand Powers Economic Resilience
The Chinese mainland’s record-breaking domestic demand is emerging as a key pillar against global trade tensions, with robust May Day holiday spending highlighting economic resilience.