Caviar and foie gras? China is becoming a luxury food powerhouse
Low-cost domestic producers of prized delicacies are replacing imports and breaking into global markets
Low-cost domestic producers of prized delicacies are replacing imports and breaking into global markets

The country is taking a huge bite out of the European and US market with ever-growing production of luxury foods

Chinese policymakers are finally getting serious about boosting consumption

The country is rapidly moving up the global ranks as an exporter of knowledge-intensive products

Deflationary pressures ease as AI-related spending rises and Beijing clamps down on overcapacity

Free-range globalisation is not part of the Sinosphere’s economic plan

With the US destroying its own credibility, the opportunity is Beijing’s for the taking