especially among millennials and Gen Zers, she added. 6. Japan is a new luxury hub Instead of shopping at home, some Chinese consumers are buying luxury products abroad to take advantage of better ...

While most companies are still figuring out how to capture the millennial market ... shoppers over age 50 in China bought, on average, 44 products spending nearly $800 shopping online.

As Chinese millennials continue to demand various services at their fingertips, the growth opportunities in the consumer discretionary sector look compelling. Meituan Dianping (Hong Kong ...