Special Supplement: Lam Soon heads for North China

Lam Soon Hong Kong Group recently held a news conference in Beijing, announcing its intention to market all its six product brands in North China on a large scale, with the nation's capital as the focus of its sales network.

Business Indepth

Retailers should watch new consumer habits

Thanks to a rapidly rising middle class, China is one of the largest and fastest growing domestic markets for multinational consumer companies. But great success can bring even greater expectations. For the good times to continue, companies must look beyond China's compelling demographics and into the hearts and minds of its consumers.

Hong Kong employment rate way up

Hong Kong's unemployment rate fell to 3.9 percent in the August-October period, the lowest level in nine years.

Biz Scene: MARKET

Share placement

Biz Scene: GRAPEVINE

$1.2b raised

Biz Scene: BIZ MOVES

Changes at airline

Biz Scene: LOCAL

Gas pipeline

Biz Scene: BIZ UNUSUAL

Easy go

Business Indepth

China the test bed for new technologies

Paul A. Laudicina, managing officer and chairman of the board with US consulting firm AT Kearney, is a frequent visitor to China. In his recent trip to Beijing, he talked to China Daily reporter Liu Baijia about the impact of the messages from the 17th National Congress of the Communist Party on businesses and how multinationals should cope with new changes in China.

Banking service fees are a turnoff

A new program allowing bank users to make deposits, withdrawals and transfers at any banking outlet through a universal payment system could be undermined by public reluctance to pay the high fees associated with it.