China’s wobbly economy is pushing shoppers to trade down from L’Oreal and Starbucks to Uniqlo and KFC

Chinese consumers — once major buyers of global luxury goods — are tightening their purse strings as a real estate crisis and job insecurity hurt confidence.

China’s wobbly economy is pushing shoppers to trade down from L’Oreal and Starbucks to Uniqlo and KFC
Chinese consumers — once major buyers of global luxury goods — are tightening their purse strings as a real estate crisis and job insecurity hurt confidence. Read More