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WTO chief: China key for trade growth: WTO chief: China key for trade growth From: Xinhua The World Trade Organization (WTO) last Friday lauded China for the significant role it has played in reviving global trade growth and said the nation has more than fulfilled its commitment to the organization. The WTO said in ...

China H2 foreign trade growth forecast to slow: China H2 foreign trade growth forecast to slow From: Xinhua The State Information Center predicted in a report that the growth of China s imports and exports will slow down in the third and fourth quarter of this year, China Securities Journal said Monday. The report said that ...

China's industrial value-added output growth may exceed 11 pct this year: China s industrial value-added output growth may exceed 11% From: Xinhua China s industrial value-added output may exceed the 11-percent growth target set for the whole year in 2010, although the pace of increase may slow in the second half, the Ministry of Industry and ...

What holds consumers back from buying online: The real reason why consumers won t pay online Consumers badly want to help buying stuff on the Web. It turns out it's not as easy as we'd think it'd be by 2010. Gilt Groupe's Canadian customers, for example, run into so many roadblocks using their credit cards to flash-buy ...

Report: Crisis has resulted in fewer fake goods: Fakes Slump, Too From: The Wall Street Journal One positive effect of the global economic crisis? Fewer counterfeit or pirated products at European Union borders in 2009, says a new European Commission report. The total number of articles seized last year was a quite substantial ...

New Zealand television retailers battle on price: Television prices plummet at a store near you The time may be right to splash out on a flat-screen after television price wars caused the biggest single category dip in the consumer price index for the June quarter. The 4.6 per cent decrease in the audio-visual and computer ...

Report: China s western regions see fast growth: Report: China s western regions see fast growth From: Xinhua The gross domestic product (GDP) in China s western regions grew by 13.5 percent year on year in 2009, much higher than the country s revised national GDP growth of 9.1 percent, according to a report issued here on last ...

Euro zone consumer confidence picks up: Euro zone consumer confidence hits 26-month high From: Reuters Consumer confidence in the euro zone climbed to a 26-month high in July as the currency area is shaking off the debt crisis, figures showed on Thursday, but its longer-term outlook remains pessimistic. The indicator ...

China s software industry revenue up 29.1 pct in H1: China s software industry revenue up 29.1 pct in H1 From: Xinhua Revenue in China s software industry rose by 29.1 percent year on year to 604.8 billion yuan (about 89.34 billion U.S. dollars) in the first half of 2010, the Ministry of Industry and Information Technology (MIIT) ...

Survey: Sunny weather helped boost UK retail sales in July: UK retail sales grew sharply in July, CBI says Sales on the High Street increased in July at the fastest pace since April 2007, the latest CBI survey of the sector has indicated. Annual summer sales, the World Cup and warm weather all appeared to encourage trade, the business ...

Luxury buyers want subtle status symbols: Why Elite Shoppers Eschew Logos K-Mart and Marc Jacobs have something in common: low- and high-end fashion products tend to have less conspicuous brand markers than midprice goods, according to a paper soon to be published in The Journal of Consumer Research. Rather than rely on ...

China to strengthen punishment for illegal forex activities to curb hot money inflows: China to strengthen punishment for illegal forex activities to curb hot money inflows From: Xinhua China s foreign exchange regulator said Thursday that it will increase punishments for illegal foreign exchange activities. The move aims to help curb the hot money inflows and ...

China leads the world in urbanization: blue paper: China leads the world in urbanization: blue paper From: Xinhua As China s urban population reached 46 percent of the total population last year, Chinese urban dwellers became the largest such population in the world, according to a blue paper released on Thursday. By the end of ...

China orders curbs on grain price speculation: China orders curbs on grain price speculation From: Xinhua The National Development and Reform Commission (NDRC), China s top economic planner, Wednesday ordered local authorities to take actions to prevent hoarding and price speculation in grain markets and work to maintain ...

Report: U.K., U.S. consumers window-shop, then buy online: Shoppers leave empty-handed and buy goods at home A quarter of shoppers in the UK and America leave high street stores empty-handed and choose to complete their purchases at home according to a recent survey; internet users around the globe also searched for information about ...

Western companies must play catch-up in China: How to Sell Online in China From: Bloomberg Businessweek As more Chinese embrace e-commerce, multinational companies need to understand what makes China's online population unique To many multinationals, digital China is the mother of all untapped markets. At 384 million as of ...

UK retailers warn of higher prices in 2011: Next warning of cooling demand hits retail shares Next shares fell sharply, dragging down the rest of the UK retail sector, after the fashion retailer said it expected a "noticeable cooling of demand" among shoppers to deepen. The "mood amongst consumers is best characterised as ...

Retailers, universities partner to teach luxury retail: Degree in Gucci to be launched From: BBC News For anyone thinking that student life is about cheap beer and second-hand coats, a degree course is offering an immersion into indulgent luxury. A masters degree is being launched this autumn in luxury retail management at the ...

Homegrown Chinese luxury companies have stigma to overcome: Chinese luxury wannabes try to shake off Made in China image From: Reuters Billionaire investor Warren Buffett, often dubbed the Oracle of Omaha, has seen the future of fashion in the most unlikely of places, bearing a "Made in China" label better known for its cheap than chic. ...

In U.K.,meat and fruit lead to food price increases: Food set to get more expensive for British shoppers Food inflation jumped sharply in July and is likely to rise in the coming months as pressures abroad push up the cost of fresh food. Annual food inflation jumped to 2.5pc from 1.7pc in June according to the British Retail ...

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Bill Gates talks nuclear: Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...

China offers inspirations to global dilemmas: BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...

Merck to put $1.5b in R&D: Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...

world

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

China's farm product pricing plan shifts to market orientation: The Number One Document also proposed a new pricing plan for China's ...

Chinese investors look to overseas opportunities: SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...

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

Gaming Firms Find Going Tough: Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...

Boeing Wins Biggest Order of US$26b: A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...

trade

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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