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.
Shanghai is expected to become the first Chinese mainland city to introduce duty-free shopping in the near future.
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, according to a report from the United Kingdom research firm Mintel Group.
The State Administration for Industry and Commerce found counterfeit products at some leading e-commerce websites during this year's Nov 11 Singles' Day event.
Japanese electronics giant Sony Corp said on Thursday that it would launch its popular PlayStation gaming consoles in China from next month.
In Vermont, Chinese immigrants provided most of the $52 million for the Mount Snow ski resort. In California, they are providing funds for the development of the San Francisco Shipyard. And in New York City, 1,200 Chinese families paid for the $600 million foundation for the city's biggest real estate project.
Unlike most of his peers who are apprehensive about an economic slowdown, Hubert Lienhard believes that there are still several opportunities and huge potential for sustained growth in China.
German companies appear to be the biggest beneficiaries of the government plan to deepen reforms in China's vocational education system to generate the right talent for the right job.
Lower fuel prices are compounding the longest commodity slump in a generation.
Further easing in consumer inflation and accelerating industrial deflation in November reflect stagnation in the world's second-largest economy, and that may push the central bank to cut banks' required reserve ratios as a means of easing liquidity and stabilizing growth, market observers said on Wednesday.
In the 87-year history of London's Jack Barclay Bentley dealership, it had never held a Chinese New Year celebration.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
