Economic growth in China will slow to the lowest level since the global financial crisis of 2008 during the fourth quarter.
Consumer confidence and luxury spending will maintain healthy momentum in China during 2015, despite the slowdown experienced by some global brands, a study said on Thursday.
Well over half the people in China now believe, domestically produced technology brands are as good as foreign ones, as well as offering better value for money.
As China continues to embrace e-commerce, the demand will rise for professionals who can create user-friendly websites and applications that can engage customers.
The nation will accelerate the reform of its gigantic central State-owned enterprises so they can expand globally, modernize their management and become more innovative.
Auto part sales became the second-fastest growing category among all products sold worldwide during the first half of this year on eBay Inc, which provided a significant boost to producers in China.
Starbucks Corp plans to increase its network in China to 3,400 stores over the next five years, which could pose challenges for small, independent coffee shops.
South Korea is restructuring its free economic zones (FEZs) through deregulation, and is poised to surpass Hong Kong and Singapore in terms of attracting foreign direct investment.
Shopping via mobile phones is fast becoming the main option for spending money in China, with transactions from the not-so-developed western region of the country being the driving force.
The app's user-generated content is helping solve what has been one of the biggest stumbling blocks to having cosmetic surgery for many people, trust.
Economists are viewing China's monetary policy in 2015 as the next beacon in directing global capital flows, as the US dollar strengthens and the Japanese yen weakens.
A senior official says the state-owned Assets Supervision and Administration Commission has a pressing need to reform itself, according to the Xinhua news agency.
|
|
|
|
|
|
|
|