The Singles’ Day shopping festival is looking less shiny this year as e-commerce firms look abroad for growth.

In global comparison, most revenue is generated China (US$61bn in 2024). In relation to total population figures, per person revenues of US$42.36 are generated in 2024. Watches & Jewelry are ...

Gold demand in China — the world’s biggest consumer — plunged by more than a fifth in the third quarter as record prices and a sluggish economy dented consumption, especially for jewelry.

Businesses and consumers in China found the annual Singles' Day shopping festival less attractive this year amid a sluggish ...

Total demand fell by 22% to 218 tons in the three months to September, according to Bloomberg calculations based on data from the China Gold Council on Monday. Jewelry consumption tumbled 29% to ...

Welcome to Shuibei in Shenzhen, a former fishing village in southern China that’s become the epicenter of the nation’s voracious appetite for gold, and a street-level barometer of economic and ...