Pedestrians and shoppers cross the street in front of the American footwear brands New Balance and Converse stores and logos

new balance store new balance brand converse store converse brand american multinational brand american company footwear company chinese customers chinese pedestrians retail market retail industry hong kong chinese shoppers asia economy shop multinational business retail commercial sale people shoppers buyers customers china market global economy china inflation slowed sales economic crisis company logo series sales instore shop view buying power purchasing power chinese consumers asia business asian retailers china economy china crisis economic recession consumerism sport clothing brand multinational company official branded logos