SHANGHAI: Chinese consumers are typically known for lavish spending on high-end handbags, clothes and accessories that sustain Western luxury brands.
This year, however, economic ill winds have sapped much of their urge to splurge and it’s the littler luxuries in life – artisanal food and drinks as well as smart trendy appliances – that have caught their eye.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!