Porn News

Sex toy makers opening flagship stores in Beijing

[Reuters] – This is almost certainly not what Chinese policy makers had in mind when they started encouraging exporters to explore the domestic market to help make up for a drop in Western demand: sex toy makers opening flagship stores in Beijing.

With factory owners looking to tap the local market to soak up excess capacity now that the export market is less reliable, many are setting up their own local brand names and retail outlets.

In the case of many products, like clothing and electronics, that does not necessarily portend any significant change in habits or lifestyle.

But in other areas, companies’ efforts to build up demand for their goods in the home market will themselves increasingly serve to shape tastes and lifestyles.

It’s not just firms like Sweet Secrets, which says it holds the country’s first registered trademark for a sex toy company.

An array of products previously sent straight overseas has been popping up on shelves in many of Beijing’s markets over the past several months, exposing especially young shoppers to a new set of possibilities.

Think specialist cooking utensils, versus the limited selection of mostly cheap spatulas and ladles on offer at most Chinese supermarkets.

By helping stoke desire for such products and fostering more of a consumer mindset, those firms are helping bit by bit to turn China into the driver of growth that governments and companies around the world hope it can become — relying more on domestic consumption and less on exports and investment.

But that aim is fraught with problems, as Chinese people continue to save a large chunk of their incomes in case of an illness in the family, for their retirement and for educational expenses.

Short of major reforms to the health care, social welfare and educational systems to reduce the need for such savings (some of which are already in the works), many experts say Beijing’s policy makers will have a hard time getting consumers to spend significantly more.

That, in turn, will make it more difficult to rebalance not just China’s economy, but the world’s. (See a recent post from economist Michael Pettis on the Asian savings glut hypothesis here.)

That is, while companies like Sweet Secrets might be doing their part, they will need significantly more help on the policy front if China is to become the consumer powerhouse many think it can be.

292 Views

Related Posts

2025 AVN Show Set for Virgin Hotels Las Vegas in January

AVN Media Network is pleased to announce the world’s largest adult entertainment expo—the AVN Show—will return January 22-25, 2025, at Virgin Hotels Las Vegas.

Carter Woods, Ricky Lee Star in Latest ‘Mutual Massage’ From ASG

LOS ANGELES — Alpha Studio Group (ASG) exclusive Carter Woods stars with Ricky Lee in the latest episode of "Mutual Massage," directed by Conrad Parker. "In this scene, dialogue takes a backseat as Carter and Ricky skillfully convey the essence…

Disruptive Films Announces Upcoming Feature ‘Honeyguide’

Disruptive Films has announced the coming release of its latest feature, "Honeyguide," which is set to debut in June 2024.

b-Vibe 360 Plug Receives Red Dot Design Award

Apr 24, 2024 1:47 PM PDTLOS ANGELES — The b-Vibe 360 Plug, which features an ergonomic shape for direct stimulation and an external motor for dual internal and external massage, has received a Red Dot Design Award. The Red Dot…

TMZ: Kanye West Changes Tune, Sets Out to Launch ‘Yeezy Porn’

Rapper Kanye West, according to TMZ, has not only renewed his ardent interest in blue cinema ... he now wants to produce it.

Leave a Reply

Your email address will not be published.