Continuing the momentum created by the Part 1 of the 16th Hong Kong International Toys & Gifts Show and 15th Asian Gifts Premium & Household Products Show (Mega Show Part 1) held last week at the Hong Kong Convention & Exhibition Center (HKCEC), Mega Show Part 2 is set to open its doors this Sunday to more keen buyers and traders from all over the world.
The name PPG may remind many of the American coating company with more than a century's history, but the PPG I am going to talk about is a Shanghai-based Internet directory sales company of clothes based on a "light-channel" business model.
In July, LG Electronics China started to lay off a number of employees, who have worked for five to nine years in the company. Nam K. Woo, president and CEO of LG Electronics China, said his company laid off over 10 percent of employees in last year's structural adjustment. Oracle and Wal-Mart also reportedly retrenched workers to save costs.
Foreign investment in Shanghai's service sector is increasing at a brisker pace than in other industries as the city tries to revamp its industrial structure.
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