EMC aims to quintuple revenue in China
Company sees compound annual growth rate of 35 percent in the past five years
Consumption
Hong Kong Disneyland achieves profitability after seven years
Tourists from mainland China believed to be key to park’s success
Chinese luxury restaurant breaks into mass catering market
“practice thrift, against waste” policy from central government hits high-end restaurants
Media Markt announces it is pulling from China
It will be closing all seven outlets in China on March 11
CCTV difficult to refuse baijiu ads
Baijiu ads are widely reported to be stopped on CCTV
Sotheby's to present hidden treasures previously unknown to the world
Sotheby’s Hong Kong Important Watches Spring Sale 2013 will take place on April 7
China Foods issuing profit warning
The drop of wine business is one main reason
HK setting regulation to restrict milk powder export from Mar. 1
Government is working to prevent the final shopping rush this week
Yum canceling supplies to rebuild brand after the tainted chicken scandal
The performance of Yum Brands significantly dropped after the scandal in China.
Winter for luxury in China
Gucci announced zero new outlet open plan in China this year
China simplifies home appliance subsidies
Ministry hope to reduce fraud, save customers time
Alibaba partners with Tencent and Ping An for online insurance company
An apparent oncoming financial services revolution on the Internet
High-end restaurants slump over China’s 2013 Spring Festival
Certain industries conflicting with government calls for frugality
Chinese tourists spent $85 bln overseas in 2012
Countries specially prepared to attract Chinese consumers during the Spring Festival holidays
Tainted chicken scandal hurting Yum! Brands in China
KFC’s same-store sales in China is expected to drop by 41 percent for January
HK may list milk powder as legal reserve food
Buying spree worrying officials about infant health and even local stability