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China encourages its businesses to explore African market: China encourages its businesses to explore African market From: Xinhua China called on its businesses to explore the African market and deepen cooperation with African businesses. Top Chinese political advisor Jia Qinglin made the call on Tuesday evening in a seminar with ...

China s cabinet stresses science, technology innovation: China s cabinet stresses science, technology innovation From: Xinhua China s State Council, the cabinet, has said innovation in science and technology will improve the nation s competitiveness in the world stage. Scientific and technological innovation could solve major ...

HK retail sales value in February up 35.8% year-on-year: HK retail sales value in February up 35.8% year-on-year From: Xinhua The value of total retail sales in Hong Kong in February 2010 was provisionally estimated at 26.9 billion Hong Kong dollars, up 35.8 percent over a year earlier, according to a release by Hong Kong's Census and ...

China s central bank repeats moderately loose monetary policy stance: China s central bank repeats moderately loose monetary policy stance From: Xinhua The monetary policy committee of People s Bank of China (PBOC), the central bank, reaffirmed Wednesday that China would maintain its moderately loose monetary policy and enhance financial support to ...

China to create favorable investment environment for foreign firms: vice premier: China to create favorable investment environment for foreign firms: vice premier From: Xinhua China will continue to deepen its opening-up policy and strive to create favorable investment environment for foreign companies, Vice Premier Wang Qishan said on Tuesday. Wang made the ...

Chinese firms more cautious on foreign buyouts: Chinese firms more cautious on foreign buyouts From: Xinhua Chinese companies are planning to take a more cautious approach to foreign acquisitions, avoiding outright buyouts and seeking more partnerships and alliances, a report by the Economist Intelligence Unit said on Tuesday. ...

World Gold Council: China s gold demand to double in tonnage within 10 years: World Gold Council: China s gold demand to double in tonnage within 10 years From: Xinhua Chinese demand for gold was set to double in tonnage terms within just 10 years, according to a report released by the World Gold Council (WGC) in Beijing Monday. The report titled Gold in ...

Analysis: Luxury sector to see increase in M&A activity: Luxury M&A set for boost, predators eye deals Merger and acquisition activity in the luxury sector is set for an uptick after a two-year hiatus, driven by a sector recovery, closer convergence on price expectations and the euro's weakness. Swatch Group and Bulgari may have denied ...

U.S. industrial organizations call for stable trade environment with China: U.S. industrial organizations call for stable trade environment with China From: China Daily There are no clear signals of an easing in trade and political tensions in Sino-U.S. relations despite the hope generated by the visits of two Chinese vice-ministers to Washington. Vice...

Car Demand Boosts Japan Retail Sales: Car Demand Boosts Japan Retail Sales Japanese retail sales posted their biggest gain in 13 years in February, data showed Monday, as the government s incentive programs for fuel-efficient cars and flat-screen television sets continued to underpin consumer activity. But despite ...

Chinese, U.S. officials vow to promote healthy economic, trade relations: Chinese, U.S. officials vow to promote healthy economic, trade relations From: Xinhua Senior Chinese and U.S. officials have vowed to promote healthy economic and trade relations between their countries, saying the ties are the basis of steady development of the overall ...

China s grain output target challenged as drought persists: Premier: China s grain output target challenged as drought persists: Premier From: Xinhua Chinese Premier Wen Jiabao has warned that meeting this year's grain output goal of 500 billion kilograms would be "a test for sure" as severe drought in the southwest is likely to continue. In ...

Retail sales in UK rebound past expectations: U.K. retail sales jump by the most since May 2008 U.K. retail sales rebounded more than economists forecast in February with the biggest jump since May 2008 as Britons raised spending on goods from electrical items to auto fuel. British consumers have emerged from the worst ...

China s industrial profit more than doubled in first two months: China s industrial profit more than doubled in first two months From: Xinhua Profits in China's major industrial enterprises more than doubled in the first two months this year compared with a year earlier, the National Bureau of Statistics (NBS) said Friday. The NBS attributed ...

Grocery retailers battle over consumers in Brazil: The Three-Way Fight for Brazilian Shoppers In Latin America's largest market, Wal-Mart is spending big to overtake Carrefour and local rival Companhia Brasileira de Distribuic o Grupo P o de A car Maria do Socorro Brito Lyra never leaves her S o Paulo home to go shopping without ...

Hong Kong luxury markets boom as mainlanders snap up Gucci bags: Hong Kong luxury markets boom as mainlanders snap up Gucci bags Ju Wei, the owner of an advertising company in China s north-western Gansu province, makes an 1,800 kilometer (1,100 miles) trek to Hong Kong at least six times a year to go shopping. Hong Kong is an international ...

Western China enters new age of in-depth development: Western China enters new age of in-depth development Western China takes on a new look after ten years since the implementation of the West Development. Personnel present at the 14th Investment and Trade Fair for Cooperation between East and West China during this time universall...

From diamonds to drill bits, retailers are set to restock: Double-Dip Doesn t Figure With Inventory Rebuilding Companies from Tiffany & Co. to Home Depot Inc. are restocking shelves in a move that will boost economic growth and may keep the recovery on track through 2010. Tiffany, based in New York, is planning for a high single-digit ...

China s consumer confidence improves as BCCI index hits record high: China s consumer confidence improves as BCCI index hits record high Chinese are more willing to spend money amid the waning of the global economic downturn, as indicated by the latest reading of an index that gauges consumer confidence. The Bankcard Consumer Confidence Index, a ...

Discount chains see price cuts as key to post-recession growth: Retail discounters keep markdowns coming Even as consumer spending is rising, Wal-Mart, Kmart say price reductions remain a key part of their strategy Consumer spending is boosting the outlook for the nation s retailers, but some major discounters still are lowering prices to ...

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IMF chief warns of risks to recovery: DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...

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Retailer's Net Profit Falls 3%: A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...

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sports

Yao's gift of sport for all: Chinese NBA player Yao Ming teaches a boy with special needs how to ...

Lucrative golf industry lures stiff competition: Two models stand beside golf equipment and bags at a recent golf ...

Li Na wins French Open women's singles title: History-making tennis legend Li Na notched the first-ever grand slam ...

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