Chinese consumers
Chinese Consumers Want Ikea to Recall Dressers After Incidents in North America
| Kat De Guzman | | Jul 06, 2016 10:28 AM EDT |
Chinese consumers are calling on Swedish furniture maker, Ikea, to recall its dressers and chests shipped to the country after the company announced a recall of the same products in the United States and Canada.
Chinese Consumers to Spend More on Premium Products
| Charissa Echavez | | Mar 22, 2016 06:13 AM EDT |
Consultancy firm McKinsey & Co. revealed that Chinese shoppers will increase their spending by 10 percent this year until the end of the decade as their wages increase. More than half of the consumers are anticipating a salary hike over the next five years.
China's Singles Day Forecast to Rake in Billions in Online Sales
| Desiree Sison | | Nov 11, 2015 11:10 PM EST |
Alibaba and other e-commerce companies could rake in online sales amounting to $11 billion as Chinese celebrate Singles Day Wednesday.
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