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Business

Well grounded

2010-12-10 13:40

As of September this year, the city in Zhejiang province exported 517 million pairs of shoes worth $2.92 billion (2.2 billion euros), up 5 percent from the total export volume of last year, figures from the Wenzhou entry-exit inspection and quarantine bureau show.

Millionaires' city gets a makeover

2010-12-10 13:36

Monday traffic in Wenzhou is the worst of the week. Numerous BMWs, Ferraris or Lamborghinis surround taxis amid the constant honking by irate drivers on their way to another jam-packed day. Mixed into the exhaust-filled air of the city, one can also detect the smell of business - big or small - that comes with major change.

Euro depreciation hits exporters

2010-12-10 13:05

While the stronger European economies are mounting rescue operations to stabilize the economies of the weaker eurozone countries, the euro has been on a downward slide. The debt crisis that broke out in Ireland in November has hit the euro harder than any economic troubles before.

Buying up cosmetics market share

2010-12-10 11:29

European cosmetics makers have been active in acquiring local brands in the past few years to expand in the world's third-largest cosmetics market.

Class connections

2010-12-03 13:43

Good guanxi is worth its weight in gold, says Henrik Gunnar Johansson, one of a growing number of Europeans who have chosen to study at the China Europe International Business School (CEIBS).

Making room

2010-12-03 13:43

Leading international hotel chains are fending off fears of a glut in the sector after building booms in the run-up to the Beijing Olympics and Shanghai World Expo, with a number of major European players acquiring new properties and expanding their Chinese presence.

Lanvin Line-up

2010-12-03 13:43

The queues stretched around the block and might well have been for a Rolling Stones concert.

Shanghai set to launch international board in 2011

2010-12-03 13:43

An international board in Shanghai looks set to be launched next year, with top Chinese officials predicting international companies will find it simple to be listed.

Marketing micro blogging is 'the next big thing'

2010-12-03 13:43

Micro-blogging is set to become the next battlefield in China's online advertisement market.

Touch of magic

2010-12-03 13:20

When the Hollywood blockbuster Fantastic Four hit Chinese screens five years ago, audiences hardly knew that it had been embedded with Chinese elements.

Reaching for the stars

2010-12-03 13:20

The movie tells a story about 13 women living alongside Qinhuai River in Nanjing who extricates their fellow countrymen from Japanese troops during World War II.

How the west is being won

2010-12-03 13:12

Chengdu is likely to be among the world's fastest-growing cities in the next decade, Forbes predicted in October.

Companies unfazed by new taxes

2010-12-03 13:02

Foreign investments into China are not expected to be adversely affected by the cancellation of some of the country's preferential tax policies.

Prudent use of rare earth needed

2010-12-03 12:57

Before the break of dawn, a group of miners head toward two huge pits near a brown-colored plateau.

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