China Economic ReviewShanghai Ganghong Industrial Co plans to build Asia's biggest shopping centre in Shanghai, Shanghai Daily said. The centre, to be built in the Hongqiao Development Zone, would have a floor space of 330,000 sq metres and parking space for up to 3,500 cars. A hotel and office building would be added in the second phase […]
Suntory is heavily promoting its oolong tea drink by establishing ties with supermarkets and outlets near popular tourist sites. It aims to sell 4.1m cases in 2002, a year-onyear increase of 10 per cent. Panda ordered to carry out merger Panda Electronics Group of Nanjing is near to completing a merger with eight other companies […]
The Hong Kong affiliate of Japan’s Itochu Corporation has signed a deal with Euro- Asia Agricultural (Holdings) for the supply of cut flowers for the Japanese market, JCN Newswire reported. The flowers will come from Liaoning, Jilin and Hebei provinces where Euro-Asia has a total of 60 hectares of glasshouses growing flowers and vegetables, with […]
Already the world’s biggest production base for sporting footwear and apparel, China presents a vast opportunity in sporting goods and brand exploitation, according to a report published by SportBusiness Group. China is becoming a battleground for both foreign and domestic sporting goods, properties and brands. Chinese athletic footwear manufacturers accounted for a remarkable 76.4 per […]
Despite growing dominance by Chinese companies in many product categories, Western brands still have an advantage, says Tom Doctoroff. Few experts question the inevitability of China’s emergence as a major economic power. Over recent years, the mainland has crawled up the value chain in many industries, powered by the combination of sheer scale, cheap labour […]