Chinese data
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.
Falling Chinese Exports Push Nickel Prices to Three-Week High
| Eana Maniebo | | Jun 09, 2015 10:31 AM EDT |
For months now, nickel prices have been highly dependent on economic signals from China. The weaker Chinese economy has been suppressing demand from local steel producers, making nickel prices lower than ever.
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