Chinese put a spring in Printemps' footstep

2015-04-24 07:31

When Paolo de Cesare arrives at work in Paris every morning the first thing he does is head for the balcony outside his office to count how many luxury cars are lined up at the VIP entrance at the back of Printemps department store and how many Chinese customers are getting out of them.

Betting on the old folks

2015-04-24 07:31

There are few businesses in which being able to read a crystal ball is as critical, and in which no one seems to know what the ground rules are - precisely because they are yet to be written. Welcome to China's senior care housing industry, a world in which the most commonly used words seem to be if and but.

Paris does its best to rekindle a cooling affair

2015-04-24 07:31

Paris is hoping that Chinese tourists, scared away from the City of Light by the dark doings of its criminals, will reassess their views and begin flocking back to it.

Universities boost Europe-China ties

2015-04-24 07:31

European universities are playing an increasingly significant role in helping China's entrepreneurs grow their businesses through research and development and commercialization of technology.

Robot wars heat up as foreign firms enter

2015-04-24 07:31

There will be fierce competition this year between foreign and Chinese robot manufacturing companies in the Chinese market, according to industry insiders.

Expansion slows to a six-year low

2015-04-17 07:02

China's economic growth fell to a six-year low of 7 percent in the first quarter, buffeted by sharp declines in industrial production and real estate construction.

Realty growth sinks to single-digit level

2015-04-17 07:02

First-quarter investment in the real estate industry plunged to the lowest point in nearly six years, according to data released by the National Bureau of Statistics on April 15.

Quotable

2015-04-17 07:02

"The main goal of the central bank's monetary policy is to maintain stability in the renminbi exchange rate as well as supply and demand of the currency. China will not join any 'global currency war' or let the renminbi depreciate substantially."

IN BRIEF (Page 18)

2015-04-17 07:02

French firms say 'oui' to new hires

2015-04-17 07:02

As China's economy grows and its economic collaboration deepens with France, French companies want to recruit top Chinese talent to gain a foothold in the Chinese market.

First stop: Eastern Belgium

2015-04-17 07:02

What organizers are calling the first group of Chinese tourists traveling to Europe on a regular chartered flight is scheduled to arrive at Liege Airport, Belgium, on April 20.

'Self-made' boosts Bentley sales

2015-04-17 07:02

British luxury car brand Bentley is fast expanding its sales in China, with a record high in 2014 of 2,670 cars delivered, against the previous year's 2,191 cars, representing a 22 percent boost.

Asian markets jumpstart UK car industry

2015-04-17 07:02

Almost exactly 10 years ago the British carmaker MG Rover went bankrupt. The event seemed to mark the end of the once proud British automotive industry.

Authorities urged to ease up on visa curbs

2015-04-17 07:02

Michael Ward, the managing director of the upmarket London department store Harrods, is lobbying authorities to remove roadblocks that hinder travel from China to Britain.

Golden oldies still shine in modern era

2015-04-10 07:15

Shanghai jewelry brand Lao Feng Xiang opened a 400-square-meter store on Fifth Avenue just before Christmas. Its neighbors now include Tiffany, Cartier and Bvlgari.

Shanghai 'magic' balm caters to global needs

2015-04-10 07:15

Only 10 percent of the city's time-honored brands make a profit, and those with the potential to succeed overseas are limited.

Shanghai's time-honored brands are a dying breed

2015-04-10 07:15

Chunghwa is a brand of pencil that many generations of Chinese have used to practice writing Chinese characters for the first time. But when it is exported overseas, it is labeled differently so that it appears to be a non-Chinese brand.

Quotable

2015-04-10 07:15

"My bet is that we are about to see the government limit coal use - with peak coal coming much sooner than the usual predictions suggest."

IN BRIEF (Page 18)

2015-04-10 07:15

Businessman's lament for Beijing

2015-04-10 07:15

For Mats Harborn, Beijing is not a bad city. In fact the 25 years that he has lived in the Chinese capital suggests that the Swedish businessman has a special attachment to the place.