Upmarket companies have realized that Chinese shoppers are voting with their passports, but for many the lure of overseas bargains remains irresistible
Company believed to be courting South China Morning Post
Foreign brands and retailers around the world are preparing for another duo shou day - a Chinese expression which translates roughly into 24 hours when you need to chop your hands off, to stop you from online shopping.
Though China does not celebrate Thanksgiving or Black Friday, scores of shoppers in the country are banking on overseas shopping agents for the perfect deals in what is arguably the United States' biggest shopping festival.
China and Russia are setting up a joint venture in Russia for making electromagnetic unit vehicles for the Moscow-Kazan high-speed rail project, railway equipment maker CRRC Corp Ltd said on Thursday.
The other day, my boss suggested that I look into the mushrooming business of Lanzhou-style hand-pulled noodles, after he became a regular customer at a new franchise, that opened near our office.
China will import a broader range of goods and commodities from Africa to help the continent further diversify its businesses, a senior Chinese commerce official said on Thursday.
Airbus reaps rewards of strong partnerships, says its top official
Some big retailers face scrutiny for opening on Thanksgiving, but many small stores have no choice.
Online car-hailing provider Uber Technologies Inc said on Wednesday that it will up the ante in China from next year onwards to quell the threat from local challengers such as Didi Kuaidi.
Yantai Changyu Pioneer Wine Co Ltd, one of China's leading wine producers, has bought a 90 percent stake in the Bordeaux-based Chateau Mirefleurs for 3.33 million euros ($3.54 million).
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
