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Property bubble crosstalk

Blind alley [By Jiao Haiyang/China.org.cn] This year's Spring Festival Gala offered plenty of "crosstalk." Performers poked fun at each other with silly faces and playful jokes. Comic sketches have a long tradition in China, yet today's younger audience wants contemporary ...

New home average price rises in Shanghai

A new residential development project is under construction in Pudong New Area in Shanghai. The average price of new homes in the city shot to a seven-month high of more than 24,000 yuan (US$3,626) per square meter last week even as the government reiterated that it will still ...

Avon suspends staff for kickbacks

President of Avon China Gao Shoukang. US cosmetics company Avon confirmed Tuesday that it had suspended four executives for alleged bribery in its China operations, making the latest charge of business misconduct involving a multinational company in the country. The move comes ...

Metro to boost self-brand items

Metro to boost self-brand items [CFP] Metro Cash & Carry said it plans to boost self-brand business in China as demand for price-competitive products rises in tough financial times. The world's leading self-service wholesaler aims to double its own brand sales to 20 percent of ...

Online sale of fake goods 'running wild'

Taobao.com has become the first choice in terms of online B2C shopping by Chinese urban white collars. [CFP] More than 90 percent of netizen respondents agree that counterfeiting on the Internet is "wild", according to an online survey conducted by Tech.qq. Nearly 19,600 Internet ...

Confidence sees higher spending by bank card

A pedastrian walking past an outdoor commercial of Bank of Nanjing's bank cards. [CFP] Chinese consumers spent more using their bank cards last year, indicating rising confidence, a survey showed yesterday. About 79 percent of respondents in the China UnionPay survey said they ...

Maintaining the trust of consumers

A woman stands before a billboard advertising the annual World Consumers Rights Day on March 15 together with dozens of international brands. More and more brands found the baby milk scandal in 2008 was a real wake-up call for Chinese consumers who are now prepared to be more ...

500 Subway stores in 5 years

Frederick A. Deluca (left), president and founder of sandwich chain Subway, passes a sandwich he made to a customer in an outlet in Shanghai during his visit to the city yesterday. Subway plans to have 500 outlets on China's mainland within five years. [Shanghai Daily] United ...

Top Stories High-end malls open up shop

Small Luxury retailers are turning their attention toward developing areas of the capital, far from the traditional commercial hot spots, in a bid to snare new customers. A cleaner wipes a giant billboard in the financial street of the city. The city's premium department stores ...

It's tea time at Starbucks

In the future, the Starbucks baristar will be asking whether you would prefer tea or coffee. [CFP] Think of Starbucks and the chances are you will be thinking of coffee. That's probably because it's the largest coffeehouse chain in the world, with more than 16,000 outlets in 49 ...

Luxury customers get picky

Models display luxury rings. [Global Times] When Chinese customers wander into the Burberry store in Shin Kong Place, a mall that targets affluent consumers, they all tend to ask the same question. "The first thing most consumers always say is, 'Show me the latest style,' rather ...

Theme park numbers rising

Zhong Xi, a Fudan University graduate, is eagerly anticipating the opening of the new Disneyland park in Shanghai, although work, which starts this month, is not expected to finish until 2014. "I have called on my classmates to have a reunion on that day - five years after we ...

CJ Cheiljedang aims for more growth

A Chinese character logo for Daxida chicken essence at a CJ CheilJedang booth during a trade fair in Beijing. The South Korean retailer, distributor and maker of processed foods has been expanding since entering China in 1995. [China Daily] CJ Cheiljedang, the South Korean ...

Starbucks brews up Yunnan flavor

Li Zhongheng, the 73-year-old director of Pu'er City Experiment Demo Coffee Farm, talks with Howard Schultz, (second from right) about the features of local coffee beans on Saturday morning. Starbucks Coffee Company plans to set up its first coffee bean farm in southwestern China ...

High cotton price hits cost of clothing

Two workers load cotton for transport in Hami, the Xinjiang Uygur autonomous region, on Nov 3. [China Daily] Hu Xiaoyue has to turn a blind eye to the newly launched range of winter clothing at shopping malls and boutique stores. She has been trimming her shopping list lately ...

The power of the collective

Primary school teacher Liu Xiaoyan recently found an easier way to satisfy her new passion for online group shopping, or "grouponing," after Groupon, a daily deal website, localized to large markets in the United States and Canada. Instead of searching the Internet for websites ...

Unilever push for more digital marketing

On Dec 13th and Dec 14th, Unilever China leadership team made a trip to China's "Silicon Valley" -- Baidu, Sina, Sohu and MSN. Along with their visit to Taobao and planned visit to Tencent, almost all leading websites in China have got top to top conversation with Unilever. Alan ...

It's jingle tills at Beijing's hotels

Christmas trees decorated with stars and presents, seasonal songs and fancy dinners on Christmas Eve are not considered enough to attract local customers to Chinese hotels. Christmas decorations in the lobby of Kempinski Hotel Beijing Lufthansa Center. [China Daily] This year, ...

Jumeirah plans more hotels in China

The Dubai luxury hotel company Jumeirah Group said it plans to significantly expand in China over the next couple of years, because the rising number of wealthier domestic consumers and international tourists are expected to create a huge demand for luxury hotels in the country. ...

Designer labels bank on China

Advertising boards for luxury brands at a department store in Beijing. Bain & Co says China remains the fastest-growing luxury goods market in the world, with a sales volume of 68.4 billion yuan ($10.27 billion) this year. [China Daily] Dressed in an alluring black dress and ...
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