Rising Food Prices Help China’s Inflation Rate Hit a 10-month High

China’s annual inflation surged to a 10-month high in February while industrial production and retail sales declined in the month, official data released over the weekend showed, sending a mixed signal about the state of the country’s economy. China’s consumer price index (CPI) rose 3.2% in February from the previous year, according to data released

Chocolate Most Popular Food among Online Chinese Shoppers Prior to Spring Festival (Chinese New Year)

With the coming of the Spring Festival, a traditional shopping boom appears in the Chinese consumer market. Data published by Taobao.com on Jan. 16 reveals that 4.8 million customers came to do their Spring Festival shopping on Taobao since Jan. 8 when Taobao started its Spring Festival sales. Particularly, 4.5 million customers bought groceries valued