China’s cat economy to drive pet spending surge

Cats in Nanjing

A forecast double-digit jump in spending by Chinese pet owners on their furry companions this year has been met with disbelief and even hostility on Chinese social media, with the world’s second-biggest economy expected to further cool. Spending on pets is expected to rise 27 per cent to 170.8 billion yuan (Dh91.44bn) in 2018 from […]