Chinese consumers’ spending has surged in recent years Even with the ongoing slowdown of China’s economic growth, the world’s No 2 economy is expected to overtake the US to become the world’s largest consumer market in the next five years, according to a new report by Standard & Poor’s (S&P). The report – entitled Financial Risks Are Rising as Retail and... 

Australia is introducing a single design model for cigarette packs of all the brands sold in the country. The respective law has been adopted by the country’s parliament, and after approval by the Governor-General it may come into force. Tobacco corporations have already sent their representatives to courts, and a number of countries are observing the attempt to null the cigarette brands. Australia...