Reporting and analysis on retail, e-commerce, and consumer trends in China, updated continuously by our newsroom.
Vietnam should expand its agricultural exports to other markets instead of being dependant on China where standards on export items are being tightened, a meeting heard on Tuesday. China is now following international practices, tracing food origins and…
Chinese smartphone maker Xiaomi Corp, which is planning to raise US$10 billion in a Hong Kong public listing, says it has launched sales in France and will enter the Italian market tomorrow. In France, Xiaomi is selling through its first Mi Store in Paris,…
International architectural company Benoy has won the bidding for the Cofco Joy Breeze project in Suzhou, beating out several other global design firms. It is another Cofco project for Benoy following the Joy City development in Hangzhou. Joy Breeze is in…
Since the origination of REITs in the United States, in the 50 years of its development, REITs in the United States, Singapore, Japan has been running on a rather perfect system, with legal policies and tax system. REITs was able to help the countries in…
LF Beauty, a one-stop shop partner and supplier of product solutions for fragrance, skincare, color cosmetics, interactive POS displays and beauty instruments for world-class brands, retailers and direct marketers, today launched its Creative Days concept…
The US trade war with China is “on hold” after the world’s largest economies agreed to drop their tariff threats while they work on a wider trade agreement, US Treasury Secretary Steven Mnuchin said today. Mnuchin and US President Donald Trump’s top economic…
Chinese e-commerce giant Alibaba Group Holding is backing Thai conglomerate Charoen Pokphand’s TrueMoney payment service, which will expand to Bangkok’s train services as early as September. Passengers will be able to pay fares and shop at station kiosks by…
In a warehouse on the outskirts of Indonesia’s capital, supervisors at e-commerce company Lazada use bikes or electric scooters to zip around a floor the size of four soccer fields, where up to 3,000 staff pack and dispatch goods around the clock. The…
China has agreed to significantly increase its purchases of U.S. goods and services, the two countries said on Saturday, but made no mention of a $200 billion target the White House had touted earlier. Beijing and Washington agreed they would keep talking…
Platinum Guild International (PGI) yesterday published the findings of its 2017 Platinum Jewellery Business Review revealing that three key trends – young consumers, bridal and self-purchasing – are emerging to contribute to platinum demand growth in 2018.…
Double-digit growth in Mainland China, Hong Kong, Korea and Macau have helped boost sales for Swiss luxury goods group Richemont. Results for the year to the end of March show Richmont sales grew by 3 per cent at actual rates and by 8 per cent at constant…
The U.S. Commerce Department on Monday slapped steep import duties on steel products from Vietnam that originated in China after a final finding they evaded U.S. anti-dumping and anti-subsidy orders. The decision marked a victory for U.S. steelmakers, who won…
The majority of the crippled Etam China retail business has been transferred to a Hong Kong investor. While the terms of the sale agreement have not been disclosed, French media refer to the Chinese business as being “ceded” and financial incentives may have…
Metro Holdings, together with other JV partners, is acquiring a 90 per cent stake in Shanghai Plaza for RMB2.9 billion (US$613 million). The mixed-used commercial building, with a gross floor area of 40,693sqm spans seven floors in Huai Hai Zhong Road, Huang…
China’s economy will likely expand around 6.7 per cent in the second quarter this year, the State Information Center (SIC) said in an article in the state-owned China Securities Journal on Saturday. The forecast was slightly slower than the 6.8 per cent…
WeChat parent Tencent Holdings has achieved a 48 per cent increase in revenue during the first quarter of this year. Revenue from Smartphone games, payment-related services, digital-content subscriptions and sales, and social advertising were key contributors…
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