China Economic ReviewAnnual sales of jewellery now total Yn100bn and are expected to continue grow by 8-10 per cent annually, said Liu Shengyu, general manager of China Jewellery Import and Export Company. China’s total gold consumption now exceeds 250 tonnes a year, and in 2001 consumption of platinum reached 42 tonnes, accounting for 60 per cent of […]
Drinks makers from Japan are strengthening their operations in China, according to a report in Nihon Keizai Shimbun. Using its beer sales network, Asahi Breweries hopes to sell 4.2m cases of tea drinks this year. Kirin Beverage Corp has increased the capacity of its plastic bottling factory in Shanghai and expanded its warehousing facilities. The […]
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 […]