China’s consumer price index (CPI) fell for the first time since 2002 after commodity costs declined, Bloomberg reported. Consumer prices dropped 1.6% in February from a year earlier, the statistics bureau said today, after gaining 1% in January. The producer price index (PPI) fell 4.5%, the most in a decade. In addition to declines in […]
Category: Consumer
Categories
Coke to spend $2b in China
Coca-Cola plans to invest US$2 billion in China over the next three years, the Wall Street Journal reported. The new planned spending will come on top of the US$2.4 billion the firm has earmarked for acquiring Chinese beverage maker Huiyuan Juice Group, and far outstrips the US$1.6 billion Coke has invested in China since 1979. […]
A colleague and I spent the early part of this week in Yuexi Town and Henghe Village in Anhui province. I was there to speak to local farmers about their opinions on Beijing’s attempts to boost rural consumption. People in rural areas are being offered rebates on a select number of products, including home appliances, […]
Categories
Number crunching
China’s retail sales figures could mean anything you want them to mean
Government involvement in Asahi’s investment in Tsingtao Brewery remains unclear