Tag Archives: Chinese people

Chinese people rushed to buy cars and jewelry (Part 3)

China also has one of the highest levels of income inequality in the world, on par with countries like Brazil. As a result, wealthy families play a disproportionate role in the Chinese economy. Consumer research by multinational companies shows that … Continue reading

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Chinese people rushed to buy cars and jewelry (Part 2)

Rich Chinese are ready to shop. Restaurants, hotels and airports crowded again. Beijing hotels have nearly doubled their room rates since the pandemic cut but are still full. And while international flights are still suspended, major airports in Guangzhou and … Continue reading

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