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China: Fewer Weddings and Kids, More Pets

Posted

June 13, 2024

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China's pet sector may be defying the country's economic downturn, with a new report by Bloomberg Intelligence seeing it hitting nearly 50 billion dollars by 2030. That's as fur babies emerge as the new proxy for children. Bloomberg Intelligence Senior Analyst Ada Li discusses what's driving the growth of the 'pet economy' across the region on 'Bloomberg: The Asia Trade' with Shery Ahn and Haidi Stroud-Watts.

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ChinaBloomberg IntelligenceThe Asia Trade'Shery AhnHaidi Stroud-WattsMarkets LikeBloomberg MarketsFinance Visit

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