China Economic ReviewChina’s retail sales in April grew by 8.2 per cent from a year earlier to reach Yn305bn, according to the National Bureau of Statistics, down from 8.3 per cent in March. Urban sales grew by 9.4 per cent year-on-year to stand at Yn192bn, while retail sales at the county level and below were up […]
More than 10 Hong Kong entrepreneurs have taken advantage of a relaxation of investment restrictions in Shenzhen to open whollyowned restaurants in the special economic zone, according to Hong Kong iMail. Currently China’s national policy is to allow foreign participation in retail operations, including restaurants, through joint ventures with domestic partners. The food and beverage […]
Manchester United Plc intends to open 90 themed caf�’s in Asian countries, starting off with outlets in Singapore and Beijing by the end of this year. The world’s biggest football club, in partnership with one of its Asian partners, FJ Benjamin, will open the ‘casual family-style’ dining venues in a continent where it has an […]
China’s retail sales are expected to rise 10 per cent year-on-year in 2002, about the same growth rate as last year, according to a State Economic and Trade Commission forecast reported by China Securities Journal. The commission said that the government would try to stimulate consumption this year by urging banks to offer more credit, […]
Chinese SME managers vent about credit, labor markets and back-alley lending