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Shenwan Hongyuan said 618 shopping-festival total online pet-food sales reached 8.4 bln yuan, up 12% YoY (2025: 7.5 bln). Domestic brands account for seven of the top 10 (vs six in 2025) and 13 of the top 20 pet-food brands (unchanged). Foreign brand

2026-07-16

Shenwan Hongyuan said 618 shopping-festival total online pet-food sales reached 8.4 bln yuan, up 12% YoY (2025: 7.5 bln). Domestic brands account for seven of the top 10 (vs six in 2025) and 13 of the top 20 pet-food brands (unchanged). Foreign brands retain a first-mover advantage and broader category coverage that meets refined demand; domestic functional pet food is nascent, with products focused on gut health, coat care and weight management. The report says the Chinese pet-food sector is structurally positive medium-to-long term as leading brands have built initial competitive advantages and widened gaps with small and mid-sized rivals, supporting a likely rise in industry concentration.

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2026-07-15

Bank of Canada Governor Macklem: If oil prices rise again and drive inflation, consecutive interest rate hikes are expected to be needed to control inflation.

Bank of Canada Governor Macklem: If oil prices rise again and drive inflation, consecutive interest rate hikes are expected to be needed to control inflation.
2026-07-16

According to Japan's Kyodo News, the Japanese House of Representatives has passed a bill proposed by the ruling coalition to establish a "second capital."

According to Japan's Kyodo News, the Japanese House of Representatives has passed a bill proposed by the ruling coalition to establish a "second capital."
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