For foreign retail brands that aim to enter China, the growing second-and third-tier cities can be sources of new growth. But it is important that the brands be well-known and attractive.
China is helping its Asian neighbors stay out of the global currency wars.
The Milan Expo 2015, which began on May 1 in Italy, is attracting global attention. It is another event with special meaning for China, after the Shanghai Expo held in 2010. The Milan Expo is focused on modern agriculture and its themes are "Feeding the Planet" and "Energy for Life".
Steve Easterbrook is preparing for his biggest moment as McDonald's Corp's new leader when he unveils a much-anticipated plan to put the shine back on the Golden Arches.
For Stephen Poloz, the Canadian dollar's recent strength on optimism about the nation's economy is too much of a good thing.
Ian Robinson, co-owner of a small investment firm in London, is watching Britain's general election this Thursday with unease.
Denmark's fourth-biggest listed bank says it is being squeezed out of corporate lending as competitors offer rates that undermine profitability.
With the birth of Britain's royal baby, Prince George, having caused a sensation in China, it is hardly a surprise to see the royal family's choice of pram, Silver Cross, growing rapidly in the Chinese market.
Michael Ward, the managing director of the upmarket London department store Harrods, is lobbying authorities to remove roadblocks that hinder travel from China to Britain.
There was a small but important difference at this year's Shanghai Fashion Week: for the first time, it had an official showroom where deals potentially worth millions of dollars could be struck.
Lu Kun, Shanghai's favorite designer, made his name and wealth from his red carpet and party gowns but recently switched over to designing daywear for young working women.
China is stepping up its efforts in strengthening anti-pollution laws. The Environmental Protection Law, which took effect on Jan 1, has increased the responsibility of local governments in dealing with environmental problems and made polluters liable to pay unlimited daily fines for violations.
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