Mainland China experiences a surge in prices: mobile phones, coffee, and everything else are going up.

SighingCashier · 2026-04-05T19:05:48+00:00

April 4, 2026Mainland China Experiences Surge in Prices: Phones, Coffee, and More Increase ===================================================Enlarge Image / Show Original ImageMultiple industries across mainland China are facing rising cost pressures, driven by soaring prices of oil and memory chips. This ripple effect is causing airlines to pass on costs, and sectors such as home appliances, smartphones, electric motorcycles, and even coffee are experiencing price hikes. Xiaomi (01810) President Lu Weibing directly stated on social media on Friday (the 3rd) that this round of memory price increases has exceeded expectations, making it unavoidable to raise prices for products. Some models under the Redmi brand will

SighingCashier

2026-04-05 19:05:48

April 4, 2026

Mainland China sees a surge in prices; phone coffee and everything else gets more expensive

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Multiple industries in the mainland have seen cost pressures emerge one after another. Fueled by the spread of rising prices—such as oil and memory chips—companies are not only passing costs on; price hikes have appeared across various fields including home appliances, phones, electric mopeds, and even coffee. On Friday (the 3rd), Xiaomi (01810) CEO Lu Weibing said on a social platform that this round of memory price increases far exceeds expectations. Products cannot avoid being repriced. Some models under the Redmi brand will increase prices by about 5% or cancel promotional discounts. …

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