Factories get busy again; baby clothing abounds; branded baby wear doesn’t
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Category: Consumer
Offering incentives to consumers who buy local could harm domestic trade
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Source: Coke, Huiyuan re-start talks
Coca-Cola and China Huiyuan Juice Group have re-entered talks for a possible partnership, the South China Morning Post reported, citing an unnamed source. Coke had its earlier, high-profile US$19.65 billion takeover bid for the juice maker rejected by Chinese regulators. While regulators’ reasoning for rejecting the deal was not explicitly stated, many observers believed Beijing […]
McDonald’s has responded to slowing sales in China by scaling back its expansion plans in the country, the Financial Times reported. The fast-food company, which has just opened its 1,000 store in China, now expects to open 150 new outlets across the country this year, down from an earlier projection of 175. McDonald’s CEO Jeff […]
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Alibaba, Uniqlo partner in China
Chinese internet giant Alibaba Group has partnered with Japanese apparel retailer Fast Retailing Co for online sales in China, the Wall Street Journal reported. Fast Retailing’s flagship clothing chain Uniqlo will collaborate with Taobao.com, Alibaba’s consumer e-commerce site in which customers can make purchases either from branded stores or from other users via online auctions. […]