In one of the largest recruiting drives by a foreign company in China, Avon Products has hired more than 114,000 sales representatives this year, the Financial Times reported. The US company... Read more
Gome Electrical Appliances Holding offered to pay about US$630 million, much or all of it in stock, for China Paradise Electronics Retail to consolidate its position as the country's lar... Read more
Proposed new rules could put a roadblock in the expansion plans of large retailers like Wal-Mart and Carrefour, the Wall Street Journal reported. Drafts of the rules are currently under revi... Read more
Teenagers in China are happy to buy brand-name products, but a strong adherence to traditional values sets them apart from peers across the region. A recent survey by McKinsey & Company... Read more
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