China's Domestic Growth Under Pressure; Affluent Consumers Reshape Retail, Beauty & Wellness
Edited By WION Video Desk
Published: Jan 12, 2026, 16:51 IST | Updated: Jan 12, 2026, 16:51 IST
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China's domestic growth faces pressure, but affluent consumers are driving demand in premium beauty & wellness, seeking quality, health, and experiences over extravagance, boosting sectors like aesthetic treatments, wellness foods, and luxury goods, with local brands and deep localization becoming crucial for success amidst economic shifts.
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