I've been in China for 28 years. Last year was probably the most bearish I've ever been on the economy,” Rein said in a Zoom interview from Shanghai earlier this month. “Youth unemployment hit 18.8%.

European companies are cutting costs and scaling back investment plans in China as the economy slows and fierce competition drives down prices.

Consumer confidence rose 12.3 points this month to a reading of 98, the Conference Board said in its latest survey released Tuesday, the first monthly gain since November and the biggest monthly increase since March 2021. That’s higher than economists’ expectations for a reading of 88, according to data firm FactSet.

Children's health products were the second-fastest growing consumer health category in China over the five years leading up to 2023, and that trend is expected to continue.

Beijing has offered incentives to prod shoppers to spend more, but leader Xi Jinping is reluctant to push a bigger shift away from manufacturing.

The race to bring humanoid robots into homes is heating up, with major tech firms betting on what many see as the next frontier in consumer technology. Tesla, Figure AI, and startups across China, the US,

Chinese consumer electronics giant Xiaomi has launched a new electric SUV and debuted a self-designed smartphone chip, in a push to expand beyond its roots in budget devices.

In the past several weeks, Chinese imports to the U.S. have been on a seesaw, leaving Americans uncertain how tariffs will affect their lives. It’s impossible to say what tariffs will do to the price or availability of any particular item,