Hong Kong Trade Development Council Archives - Inside Retail Asia

Mainland China’s demand for wine driving online sales surge

China’s demand for wine has surged as a result of its expanding middle class, says the Hong Kong Trade Development Council.

Asean: retail’s new frontier?

Asean’s middle-class population is now estimated at 150 million – and still growing fast. According to Daniel Poon, principal economist at Hong Kong Trade Development Council, the region’s middle class will be a driving force in the development of consumer markets and organised retail channels. Southeast Asia’s biggest economy is Indonesia. It has an expanding middle-income class and a young population, together with increasing domestic consumption. Dickson Ho, also a principal economis…

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