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KFC agrees to raise workers’ pay after negotiations with Chinese trade union
Representatives of a branch of the U.S. fast food chain KFC in northeast China’s Shenyang City signed Thursday the company’s first collective labor contract in China’s mainland, in which it…
Service industries’ receipts on rise in HK
The Census and Statistics Department of Hong Kong said on Friday that the city’s business receipts in value terms of all major service industries showed increases in the first quarter…
50% of Chinese Buy Luxury Products as Gifts
A survey by McKinsey & Company shows that around 50 percent of Chinese consumers bought luxury goods to give others as gifts in 2009. A survey by McKinsey & Company…
China’s retail sales up 17.9% in Q1
China’s retail sales, the main gauge of consumer spending in the world’s fastest-growing economy, rose 17.9 percent year on year in the first quarter this year, said the National Bureau…
Shoppers Go Crazy for Carrefour’s Business
Retailer embarks on strategic expansion on the back of high sales Beijing – It’s 1 a.m. one day during this year’s Spring Festival and hundreds of consumers are on a…
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