VOICED: Asians in yearend shopping spree

The video discusses the strong sales in Asia during the festive season, driven by currency appreciation and increased purchasing power. In Thailand, improved political stability boosts consumer confidence. In Hong Kong, retailers are optimistic due to increased spending by Chinese tourists, despite local consumer concerns over rising prices. Global brands are focusing on the Asian market to maintain sales growth amid cautious consumer behavior in the US and Europe.

What impact do rising consumer and housing prices have on local consumers in Hong Kong?

Why are global brands focusing on the Asian market for sales?