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Chinese Premier calls for improving migrant workers' living conditions in cities

Chinese Premier calls for improving migrant workers' living conditions in cities Chinese Premier Wen Jiabao has called for improving the urban living conditions for migrant workers who left their rural hometowns and are significantly contributing to the country s urbanization. ...

Beijing boosts holdings of US Treasury debt

Beijing boosts holdings of US Treasury debt From: China Daily China has boosted its holdings of United States Treasury debt for the second straight month as total foreign holdings of US debt increased. The development should help ease concerns that lagging foreign demand will ...

China s FDI grows 27.48 % in May

China s FDI grows 27.48 % in May The amount of foreign direct investment (FDI) into China in May rose by 27.48 percent year on year to 8.13 billion U.S. dollars, said Yao Jian, spokesman of the Ministry of Commerce (MOC), last Saturday. The figure brought the country s FDI to 38...

Energy usage set to tighten to curb excess

Energy usage set to tighten to curb excess From: China Daily Authorities will restrict energy supply in areas with excessive increases in energy usage and high energy-consuming industries, said a high-ranking official with the National Development and Reform Commission (NDRC), ...

Housing demand still strong in China

Housing demand still strong in China From: China Daily The property boom in China isn t a bubble because it is supported by solid demand for residential housing, according to Stephen Roach, chairman of Morgan Stanley Asia Ltd. While portions of the real estate market such as high...

EU votes on health-related food labels

Traffic lights on food labels voted down by EU Food campaigners reacted with dismay after the EU voted against traffic light labels on food designed to help consumers eat more healthily. The red, amber and green labels warning about high levels of salt, fat, sugar and calories on ...

Apparel retailers seek lower-cost suppliers

U.S. Apparel Retailers Turn Their Gaze Beyond China Rising labor costs in China are forcing U.S. apparel and accessories retailers, such as AnnTaylor Stores Corp. and Coach Inc., to consider relocating at least some of their production to countries with cheaper work forces. But ...

American retailers revive push into Britain

Will Major U.S. Retailers Ever Make It Big in Britain? After taking a brief hiatus to weather the recession, an invasion of Britain by some of America's best-known retail brands including Best Buy, Banana Republic and Forever 21 is back on the march. And early reports from the ...

Turkey emerges as an attractive market for retailers

Retailers flock to Turkey, as the recovery picks up pace Harvey Nichols, Ankara. It may sound incongruous, but Turkey is now the first country to boast more than one branch of the luxury retailer. Present in Istanbul since 2006, it opened its latest store last week in the ...

UK retailers scrutinise fees on credit, debit card sales

Row over bank card and credit card charges Banks are making hundreds of millions of pounds a year and pushing up prices on the high street by levying unjustifiably high fees on credit and debit card sales, retailers will say today. New figures from the British Retail Consortium ...

China s May retail sales up 18.7 pct

China s May retail sales up 18.7 pct China s retail sales, the main gauge of consumer spending in the world s fastest-growing economy, rose 18.7 percent year on year in May, the National Bureau of Statistics (NBS) announced Friday.

China s fixed asset investment up 25.9 pct in first five months

China s fixed asset investment up 25.9 pct in first five months Urban fixed asset investment in China for the first five months rose 25.9 percent year on year to 6.74 trillion yuan (986.76 billion U.S. dollars), the National Bureau of Statistics (NBS) announced Friday. The growth ...

Japan retail sales show spending may be losing steam

Japan retail sales show spending may be losing steam From: Reuters Japan's retail sales in May rose at their slowest annual pace in four months in a sign that stimulus-driven consumption may be losing momentum as the export-led economic recovery is expected to moderate in the ...

China s CPI rises 3.1 pct in May

China s CPI rises 3.1 pct in May China s consumer price index (CPI), a main gauge of inflation, rose 3.1 percent year on year in May, the National Bureau of Statistics (NBS) announced here Friday. The May figure was up 0.3 percentage point from April s year on year inflation at 2...

Executives advise retail chains on post-recession growth

Retail execs urge dept stores to update their marketing, add locations, beef up online Top retail executives at a conference Thursday said department stores must offer shoppers more reasons to stop in and need to expand their presence online and in new kinds of locations, like ...

China s PPI up 7.1 pct y-o-y in May

China s PPI up 7.1 pct y-o-y in May China s Producer Price Index (PPI) grew 7.1 percent year on year in May, China s National Bureau of Statistics (NBS) announced here Friday.

China s social security network continues to expand

China s social security network continues to expand From: Xinhua The world s most populous country is expanding its social security net as China s major social insurance program reached a new high for the number of people covered, official figures show. The Ministry of Human ...

China reports big rise in auto sales in Jan-May

China reports big rise in auto sales in Jan-May From: China Daily Automakers in China saw auto sales climbed 53.25 percent from a year earlier to exceed 7.5 million units in the first five months of the year, the China Association of Automobile Manufacturers (CAAM) said in a ...

China's rising costs signal end of U.S. retail era

China's rising costs signal end of U.S. retail era From: Reuters With labor and other costs in China rising, Americans must bid adieu to a lifestyle of low prices, retail executives say. The appreciation of the Chinese currency, higher commodity costs and wage increases for ...

China vows equal treatment for private sector talents

China vows equal treatment for private sector talents From: Xinhua China s central authorities have promised to treat talents in private companies and social organizations the same as their counterparts in the public sector to facilitate personnel mobility and sustainable ...
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world

market

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Chinese investors look to overseas opportunities
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finance

company

Retailer's Net Profit Falls 3%
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trade

sports

Yao's gift of sport for all
Yao's gift of sport for all
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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
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