{"id":1982839,"date":"2023-07-26T06:58:02","date_gmt":"2023-07-26T10:58:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chinas-consumer-sentiment-is-down-but-not-when-it-comes-to-condoms\/"},"modified":"2023-07-26T06:59:42","modified_gmt":"2023-07-26T10:59:42","slug":"chinas-consumer-sentiment-is-down-but-not-when-it-comes-to-condoms","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chinas-consumer-sentiment-is-down-but-not-when-it-comes-to-condoms\/","title":{"rendered":"China&#8217;s consumer sentiment is low, except for condoms."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fchinas-consumer-sentiment-is-down-but-not-when-it-comes-to-condoms%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1982839&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p>By Richa Naidu<\/p>\n<p>LONDON (Reuters) \u2013  \u200c   Consumer companies \u2064and \u200deconomists\u2064 have said\u2062 sentiment in\u200d China\u200d is \u2064slower than \u200bexpected, but that\u2019s not stopping them from \u200cbuying more condoms, Durex \u2064maker Reckitt said on Wednesday.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>Economic data \u200cfrom China this month showed its <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-orleans-mayor-appoints-temporary-police-superintendent-amid-crime-surge-recall-effort-against-her\/\" title=\"New Orleans Mayor Appoints Temporary Police Superintendent Amid Crime Surge, Recall Effort Against Her\">post-pandemic surge<\/a> was quickly fading, raising expectations that the \u2064government needs to bring out more stimulus measures to drive activity and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chinas-consumer-sentiment-is-down-but-not-when-it-comes-to-condoms\/\" title=\"China's consumer sentiment is low, except for condoms.\">bolster shaky \u200bconsumer confidence<\/a>.<\/p>\n<p>British consumer goods giant Unilever said \u2063on Tuesday that China\u2019s declining property \u2062market and exports had sent its consumer sentiment to a historic low,\u2062 having earlier this year forecast a Chinese \u2062\u201cconsumption boom\u201d.<\/p>\n<p>Nonetheless, on Wednesday when Reckitt\u2062 reported earnings results, it said like-for-like net\u2064 revenue growth in its health\u200b business was 8.8%. \u2062The \u2064growth\u2062 was led \u2063in part by \u2064its \u201cIntimate Wellness\u201d brands, which\u2062 include K-Y lubricant, with improving performance in China.<\/p>\n<p>Globally, the\u200b portfolio grew by high-single digits,\u200c and in China Reckitt \u2062saw \u201cthe benefit of re-opening post COVID-related lockdowns.\u201d<\/p>\n<p>Despite a \u201clittle slower\u201d \u200brecovery in China overall, sales of intimate wellness\u200c products are \u2062higher.\u200d CEO Nicandro Durante said that\u200d firstly, Reckitt is launching\u2063 innovations such as new materials for condoms, and second, people \u201care enjoying\u200c the nightlife\u201d.<\/p>\n<p>Reckitt has a new Taicang, China-based production facility, according\u200c to its \u200cwebsite, \u200bset to \u201cproduce our thinnest \u200cDurex polyurethane condoms \u2064ever\u201d for that market. \u200b <\/p>\n<p>\u201cThe phase 2 Durex\u2064 project construction is \u200dabout\u200d to\u200c get underway, with the \u2064facility set\u200d to go into\u200b operation \u2064in January 2026,\u201d \u200cReckitt\u2019s website says. \u201cThe site will\u2062 produce the thinnest Durex PU condoms \u200din history and will be committed\u2063 to the continuous improvement of\u2062 new\u200d technologies for PU condoms.\u201d  \u200d    <\/p>\n<\/p>\n<p>  (Reporting by Richa Naidu; editing by David Evans)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/chinas-consumer-sentiment-is\/attachment\/file-photo-durex-a-brand-of-reckitt-benckiser-group-plc\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>Lebron James\u2019 \u2063son, Bronny, collapses \u200dduring practice while\u200d Hunter Biden\u2019s art is a hot commodity.<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>Hunter Biden\u2019s much-anticipated court\u200c date\u2063 is set for Wednesday, but it\u2019s\u200c unclear if the judge will accept his plea deal.<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>Police are wrapping up their search in the home of suspected \u2018Giglo Beach\u2019 serial \u200ckiller.<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>The Grassroots activist group FreedomWorks joins \u200cmembers of the House Freedom Caucus in calling on appropriators \u200band GOP leadership to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/exclusive-music-rights-giant-bmi-in-renewed-talks-to-sell-itself-sources\/\" title=\"BMI, the exclusive music rights giant, is reportedly in talks to sell itself once again, according to sources.\">roll back current spending levels<\/a>.<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>SYDNEY (Reuters) \u2013 New\u2062 Zealand said on Wednesday it would boost its cyber defences by setting up \u2063a lead agency to make\u2026<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>By Supantha Mukherjee, Martin Coulter and Sheila Dang \u200b(Reuters) -After 17 years with an iconic blue bird that came to symbolize the\u2026<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>By Elizabeth Howcroft LONDON (Reuters) -Britain\u2019s data regulator said on Tuesday it will examine Worldcoin, a project by OpenAI CEO\u2062 Sam Altman\u2026<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>By Candelaria Grimberg BUENOS AIRES (Reuters) \u2013 A project by Argentine artist Santiago Barros\u200b uses artificial intelligence\u200d to imagine what \u2063the children\u2026<\/strong><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>take further measures to stimulate the economy. However, despite the sluggish sentiment, Reckitt, the maker of Durex condoms, revealed that Chinese consumers are still purchasing more condoms. This unexpected trend suggests that even in challenging times, people prioritize their sexual health and well-being.<\/p>\n","protected":false},"author":66,"featured_media":1982840,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-1982839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1982839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1982839"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1982839\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1982840"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1982839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1982839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1982839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}