China’s ban on group tours to South Korea in retaliation against a planned deployment of a missile defence system there could see a revival of tourism to Hong Kong, where retailers have been struggling. “South Korea, Southeast Asia and Hong Kong are all…
A government-backed campaign to encourage healthy living is helping give Chinese sports brands traction again in the domestic consumer market. After three tough years with the slowing economy and over-expansion following the Beijing Olympics in 2008, the…
Economists have often said “when America sneezes, the world catches a cold” reflecting the importance of the US to the global economy. But the past 12 months suggest the world’s immune system is more sensitive to China’s sniffles than was previously thought.…
Hong Kong has lost its edge as the go-to destination for international tourists seeking retail therapy. In a presentation to the 22nd CLSA Investors Forum, CLSA’s head of consumer and gaming research Aaron Fischer, said luxury retail prices in Hong Kong are…