Chinese like Shao, who were born in the 1980s and 1990s, when the one-child policy was most strictly enforced, say they were lonely growing up without siblings. The one-child policy was gradually eased in recent years as China experienced economic growth and…
Shares of companies that make nappies, prams and infant formula got a boost on Friday from China’s decision to scrap its one-child policy. But for the maker of a popular brand of condoms, it was not the brightest of days. Investors are betting on a bump in…
Singapore listed jeweller Soo Kee Group is planning to become the first bricks and mortar store in the city to start selling gold and diamonds online. Soo Kee operates a network of more than 60 retail stores under the brands Soo Kee Jewellery, SK Jewellery…
Japan duty free sales soared in the first quarter of the current financial year as Chinese tourist ranks swelled. Major duty free retailers have reported sales on the mainland soared 20 per cent or more year on year, with brands preferred by Chinese shoppers…
The Chinese are appearing quick to embrace the Internet of Things, in turn driving demand from businesses and app developers for enabling technology. Jasper, a global Internet of Things (IoT) platform leader, says three months after it made its enabling…
Online fashion retailer Asos is budgeting for losses as it breaks into the China market. Announcing a pretax profit of £47.5 million for the year to August 31, the company offered an overview of its future plans geographically, including a lessened focus on…
Chinese travellers are discovering the thrill of shopping at one of McArthurGlen’s 21 Designer Outlets, all near important tourist destinations across eight countries in Europe and most recently, a new centre in Canada. Sales by Chinese shoppers at…
US fast food giant Yum! Brands is to spin off its troubled Chinese operation into a separate business. The new company will be called Yum China. The move will strengthen the parent company which will retain 41,000 restaurants trading under the KFC, Pizza Hut…
A Chinese delegation headed by president Xi Jinping is nearing the end of its four-day state visit to the UK, in a bid to improve business ties between the two countries. Despite the headlines of a slowdown in China, the country’s retail market remains one of…
According to the National Bureau of Statistics of China, retail sales reached 2,527.1 billion yuan, up by 10.9% in September as against 10.8% in August 2015. The iShares China Large-Cap ETF was up 2.6% from a year ago as of October 19. China Xiniya Fashion…
A slowdown in mainland tourist inflow has prompted Hong Kong’s retailers to step up efforts to attract those who are still making their way to the city. To grab the attention of the visitors, shops and other tourism-dependent entities are launching new…
Tim Cook, soft-spoken Southerner that he is, often can be a man of few words. During a conference call with analysts Tuesday afternoon to announce Apple’s strong fourth-quarter results, he dismissed a question from a Goldman Sachs analyst with a terse “I…
Sip on a mortini and dance the night away to the Sound of Shanghai DJs, bottle service and cocktail promotions from 6:00 – 11:00 p.m. on Thursdays, Fridays and Saturdays at the outdoor rooftop Morton’s Sky Bar in Lujiazui. Located on the 5th floor atop the…
King Baby strengthens its presence in China by opening five brand new stores – for a total of seven – in China. King Baby is one of a handful of brands exporting “hand-made in the USA” products to China. About the new King Baby Locations: The Grand Gateway 66…
The Chinese e-commerce giant Alibaba has reported a stronger than expected 32% rise in second-quarter revenue, even as the value of transactions on its platforms grew at a slower pace. Revenue from mobile platforms, an increasingly important area for the…
It’s not easy to convey the scale of the two initiatives Apple announced today to reduce its carbon footprint in China—Building 200 megawatts of solar projects in the provinces on its own and partnering with its Asian suppliers to install another 2 gigawatts…
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