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Consumption

News

Tourism: China offers new tax benefits.

China has announced an improvement to the departure tax refund policy. Under the motto "Buy now, refund now", VAT will be refunded directly upon purchase and not on leaving the country.

By Ning Wang

News

Patriotic consumption: China's response to US tariffs.

In response to the tariff dispute with the US, retailers, influencers, and tech giants in China focus on buying domestically. Whether the patriotic buying spree will boost consumption in the long term remains uncertain.

By Fabian Peltsch

Starbucks
News

Insider: Starbucks seeks partner for China stake

Starbucks is struggling in the People's Republic with a weak economy and tough competition from local brands such as Luckin Coffee. The coffee chain hopes to revitalize its business with a new partner.

By Amelie Richter

News

Consumer prices: Sharp rise in January

Consumer prices in China were higher in January than in months. If the government cannot stimulate the weak demand, price pressure will continue this year. The punitive tariffs in the trade dispute with the US also weigh on the economy.

By Ning Wang