In Malaysia, low-priced Chinese brands gain popularity in Western-dominated malls
Competitively priced products from China, coupled with Malaysia’s millions of ethnic Chinese residents and a growing middle class, help Chinese brands gain a stronger foothold.
‘We’ve cut back on holidays and stopped employing a cleaner’: Meet the ‘middle-class poor’
The cost of living crisis is redefining what it means to be middle class in the UK – and stripping luxuries once taken for ...
Nikkei Asia12h
Gong Cha tea chain brews Japanese business despite labor crunch
Staff chat at a Gong Cha Japan outlet in Kamakura, south of Tokyo. Unlike many Japanese restaurants or cafes, the tea chain ...
BusinessMirror15h
Hong Kong’s latest bubble tea IPO mints another billionaire
China’s insatiable appetite for bubble tea has spawned another billionaire. Guming Holdings Ltd.’s $233 million Hong Kong initial public offering bolstered the value of the stake owned by its ...