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Chinese travellers shun domestic attractions

Commentators assess the reasons behind a slowdown in domestic tourism revenue during the National Day holiday.

09 October 2014

Consumer income growth and confidence eased in September

Consumer discretionary spending growth remained close to recent levels in September, according to our latest monthly survey of 1,000 Chinese consumers, despite a moderation in household income growth and consumer confidence and an increase in living costs. 

01 October 2014

Yashili – sales suffer on competition, strategy shift

Yashili’s revenue has fallen on increased competition in its core lower-tier markets from both international and domestic players, while its strategic shift away to its e-commerce channel is taking time to gain traction.

25 September 2014

Beingmate – looking to overcome recent struggles

Beingmate saw sales, margins and popularity decline YoY in 1H14, but a shift in strategy and market dynamics should drive a rebound moving into 2015.

25 September 2014

Danone – despite dip, prospects remain good

While last year’s Fonterra recall damaged both sales and margins, a rebound in popularity and improved product mix bode well for the French dairy company’s China operations.

25 September 2014

Mead Johnson – slower growth ahead

China’s largest infant milk formula producer by revenue remains strong, but is facing significant challenges in remaining number one given strengthening competition from multinational rivals, sluggish development of its online channels and regulatory headwinds.

25 September 2014

Infant milk formula – foreign brands strengthen grip

Multinational brands continue to dominate China’s infant milk formula market and rapid online channel expansion is likely to support further growth for these companies. However, industry consolidation and supportive government policies could boost larger domestic formula-makers in the medium term.

25 September 2014

2Q14 Consumer Brands Survey

Each quarter, China Confidential surveys around 2,000 Chinese urban, middle-class consumers in more than 100 cities nationwide on their brand preference and spending behaviour across a range of products.

22 September 2014

Huishan Dairy – aggressive regional player catching larger rivals

Huishan Dairy has grown rapidly, supported by heavy advertising and quality control advantages, and we expect growth to remain strong, though investment plans and competition may weigh on margins in the short term.

11 September 2014

Yili – facing growing high-end competition

Leading dairy producer Yili faces growing competition from domestic and international rivals, particularly in the premium segment, as illustrated by falling popularity in our survey. However, improving product mix and rising margins offer reasons for optimism.

11 September 2014

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