Yao Jie

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Chinese Shoppers Set to Become World Leaders Online

<b>SHANGHAI, China —</b> China's e-commerce market is expected to leapfrog that of the United States this year to become the world's largest by total …

Europe sales drive Prada higher, thanks to Chinese tourists

• <b>The numbers:</b> Profits at Italian fashion house Prada SpA rose 36%—to €217 million euros ($283 million)—in the fourth quarter of 2012, compared to the same period of the prior year, and 45% for the full year ended Jan. 31. Bloomberg points out that the full-year profit of €625.7 million beat …

Prada

Thrift campaign pumps brakes on Chinese New Year spending

BEIJING -- Sales for the Lunar New Year shopping season grew less briskly in 2014, underscoring the ripple effect from the national leadership's war …

Will China Be the #1 Economy in the World? | America's Trade Policy

China’s emergence as a major player on the world stage has heightened concerns with globalization in the U.S. Predictions that China will overtake …

China's Consumers Aren't Shopping Like Their Economy Is Doomed For A Hard Landing

REUTERS/Ben Nelms<p>Chinese consumer sentiment was "buoyant" during the 2014 Lunar New Year Holiday, according to Jian Chang at Barclays.<p>National retail …

Bank of America

Boeing Expands Flight Services Business in China

Boeing Expands Flight Services Business in China<p>- Triples training capacity for airlines at the Shanghai campus<br>- First 787 training suite in China introduced<br>- 747-400 full-flight simulator benefiting airline customers<p>Boeing (NYSE: BA) announced it has expanded its Flight Services business in China, greatly enhancing training capacity for airlines in the region. With the introduction of an advanced 787 Dreamliner training suite for pilot and maintenance training, and a newly-installed 747-400 …

TODAY’S TOP NEWS STORY: Mainland China entering new era of…

TODAY’S TOP NEWS STORY: Mainland China entering new era of luxury cooldown - Bain & Co study<p>Focus on women and fashion, increased shopping tourism will reset 2014 strategies<p>Mainland China’s luxury goods market has slowed from 7% growth in 2012 to around 2% in 2013, with expectations of similarly slow growth in 2014, according to the 2013 China Luxury Goods Market Study released by Bain & Co Tuesday.<p>Chinese shoppers now do two-thirds of their luxury shopping abroad, triggering slowdowns in store …

eCommerce

Many Americans See China as Dominant Economic Power

China's Gold Demand Remains Robust After Lunar New Year Holiday

China returned to the physical gold markets strongly on 7 February, after a week-long break, as banks and retailers moved to replenish stock …

China transforming into robot powerhouse

TOKYO -- Having grown into the world's factory through an abundance of cheap labor, China is now rushing to introduce industrial robots in response …

New Zealand Exports To China Are Soaring

New Zealand exports to China rise 45 percent thanks to soaring demand for milk<p>WELLINGTON, New Zealand (AP) — New Zealand's exports to China rose 45 percent last year thanks to soaring demand for milk powder, supplanting Australia as New Zealand's top export market for the first time on an annual …

New Zealand

China Now Guzzles More Red Wine Than Any Other Country In The World: Quartz

The world’s biggest red wine drinking country isn’t France, Italy, or the US. According to a report released by Vinexpo and International Wine and Spirits Research (IWSR), China now guzzles 1.9 billion bottles a year—more red wine than any other nation on the planet.<p>As recently as in 2008, the …