Govt anti-corruption campaign, consumer caution take their toll
Realt estate agencies are on a layoff spree as home sales have frozen amid recent price dips.
CLSA study says number could rise annually by as much as 4m
Real estate has dropped from the top three investment choices among residents in Chongqing municipality for the first time in two years, while Internet financing is fast becoming a popular item in investors' portfolios, according to a survey of the first quarter by the Chongqing Operation Office of the People's Bank of China released on Sunday.
For foreign companies that aspire to penetrate the Chinese market, to truly understand the needs and changing characteristics of its consumers is a constant challenge.
Wealthy Chinese are increasingly looking for overseas real estate investment opportunities-so foreign developers are coming to China in search of clients and business partners, especially in the luxury-residential sector.
Bosideng International Holdings Ltd, one of China's leading fashion retailers, once again finds itself in the news and once again with less than positive media coverage.
Alibaba Group Holding Ltd on Monday launched a data center in Hong Kong, the first step to taking the e-commerce giant's cloud services outside the Chinese mainland and challenging global players such as Microsoft Corp and Amazon Web Services Inc.
China CNR Corp Ltd, the country's second-largest train maker, published its Hong Kong initial public offering plan and opened subscriptions on Monday. The IPO is expected to raise as much as HK$11 billion ($1.42 billion).
No matter how you try to measure it, Asians are becoming wealthier. Fly into any capital city in the region and at once you will be struck by the display of wealth. From flashy condominiums to shopping precincts that cater to the surging middle class, Asia's affluent are growing.
When Anne Cuvelier first went to China about 14 years ago to promote her family's wine business, at a tasting event in Beijing she found that foreign producers and chateau owners vastly outnumbered customers.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
