K-shaped economy(K 型经济)
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Procter & Gamble is selling diapers made with silk fibers in China as it leans into luxury
CNBC· 2026-01-22 16:13
Packages of Pampers diapers are displayed at a Target store on June 05, 2025 in Novato, California.Procter & Gamble is selling diapers made with silk fibers in China as part of the company's strategy to entice shoppers to spend more, even as demand for some of its products wanes.China is the company's second-largest market, trailing only the United States. In both markets, P&G has turned to innovation, rather than discounts, to attract consumers who are otherwise trying to spend less at the grocery store. F ...