consumption

Pets, anime and toys are part of China's latest effort to boost consumption

It urged strengthening research and development for elderly and child-related products

A soft retail number is projected for release alongside other gauges that may similarly stoke concern about slowing economic growth in China.

China heads for longest consumption slowdown since post-Covid

The government’s rhetoric about supporting domestic demand has struggled to match reality

Consumption accounts for more than half of Japan’s gross domestic product.

Japan’s households boost spending despite inflation hit

JAPAN’S household spending rose for a fifth month, providing some support for an economy that analysts say contracted in the third quarter, but coming in below expectations.

The joke with mooncakes is that the packaging is often far more prized than the pastry itself, whose sickly sweet richness tends to get mixed reviews.

Luxury mooncakes won’t go away – nor will plastic waste

The irrepressible popularity of such gifts is a sign of how ungovernable consumer tastes can be

On a seasonally adjusted, month-on-month basis, Japanese household spending edged up 0.6 per cent, versus an estimated 0.1 per cent rise.

Japan’s August household spending rises faster than expected

[TOKYO] Japanese household spending rose at a faster speed than expected in August, helped by an increase in travel and transportation expenditure, government data showed on Tuesday.

Companies from retailers to motor vehicle manufacturers have warned that tariffs were raising their costs, which economists expect would eventually be passed on to consumers.

US reports solid July consumer spending; core inflation firmer

Consumer spending, which accounts for more than two-thirds of economic activity, rose 0.5% last month

An elderly man packages goods after shopping at a supermarket in Beijing, China, July 9, 2025. China is greying so rapidly that the number of people aged 60 and above is set to hit 400 million by 2035 - roughly equal to the populations of the United States and Italy combined.

China seeks a silver lining as it tells companies to target older consumers

[BEIJING] In the past few months, Wang Shuyun, a 78-year-old retiree in Beijing, splashed out on an 8,000 yuan (S$1,430) nutrition course to help her lose weight and lower her blood sugar, and spent 1...

Even though Labubu’s Google search and social media trends seem to have peaked in July, its manufacturer Pop Mart International’s shares continue to test record highs.

You should ask your teens for shopping and investing tips

Millennials say their children are great at spotting trends, leading to a host of new billion-dollar brands

A chef fries pigeons in hot oil near Beiyuan Grand Hotel in Beijing, China, Aug 11, 2025. Beiyuan is among at least 15 high-end hotels nationwide hawking food outside in recent weeks, according to their social media and Chinese news sites.

Chinese hotels turn to hawking food as guests tighten belts

[SINGAPORE] Every evening, staff at Beiyuan Grand Hotel in Beijing set up street stalls selling freshly-cooked gourmet dishes trying to make up for falling revenue indoors as Chinese consumers and fir...

Economists have long urged Beijing to switch to a consumption-led economic model and rely less on debt-fuelled investment and exports for growth.

China pledges more financial support for consumption with interest rate subsidy

[BEIJING] China’s plan to subsidise some interest on loans aims to ensure households and businesses have more financial resources to reduce credit costs as Beijing looks to boost consumption, China’s ...