China Trade - Highlight
18 July 2017
According to HKTDC survey, 81% of the mainland middle-class consumers expect their income to continue to increase in the coming two to three years. Taking regular exercise and eating western food have become features of the middle-class lifestyle. Mainland middle-class consumers are attaching more importance to personal feeling and are more confident and assertive in spending.
The Addis Ababa-Djibouti Railway is the latest beneficiary of China's African investment programme, with the BRI set to ensure that the number of such projects is set to increase, but are China and Africa's agendas truly compatible?
Sales of online-ordered and home-delivered/in-store collected wines have taken off across China, spurring the growth of dedicated apps and innovative retail solutions, although many of the sector's pioneers have yet to turn any real profit.