Chinese dairy company Mengniu announced a major personnel change. It's replacing its president.
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Marriott Merges With Starwood As China Accepts Deal
Marriott International said that its merger with Starwood Hotels & Resorts Worldwide cleared the Ministry of Commerce of China, so the companies have now consummated their hospitality marriage.
China's Social Consumer Retail Sales Up 10.6% In August 2016
China's social consumer retail sales reached CNY2.754 trillion in August 2016, which represented a year-on-year nominal growth of 10.6% and the actual growth excluding price factors was 10.2%, according to statistics from National Bureau of…
Johnson & Johnson Launches New Skin Care Brand In China
Johnson & Johnson announced that the company will introduce its skin care brand Aveeno into the Chinese market.
Italian Jewelry Brand Opens First Store In Shenyang
Italy's top-level jewelry brand Brosway opened its first owned store in Shenyang, Liaoning province.
Wal-Mart To Invest CNY60 Million To Upgrade Kunming Stores
The world's leading supermarket retailer Wal-Mart said that they are optimistic about their development in Yunnan province and will continue to enhance investment and construction to open four new outlets in the southern Chinese province,…
Teavana Brews Beverage Launch In China
Will Starbucks succeed in bringing tea to a nation already ensconced in its own tea drinking traditions? Starbucks hopes its Teavana makes sense to Chinese consumers.
China's Cofco Announces Dutch Agricultural Giant Acquisition
China National Cereals, Oils and Foodstuffs Corporation announced that its subsidiary Cofco International Limited will acquire the remaining stake in Nidera from Cygne, and Cofco will gain the full ownership of Nidera with the closing…
Ajisen Reports 11.1% Operating Revenue Drop In China
Are fewer people eating noodles in China these days? According to a fast food noodle chain, retail expansion may have hit a bumpy patch.
E-commerce Arrives For Chinese Ikea Customers
Ikea China announced that the company will launch its e-commerce business at the end of August 2016 and this business will first begin trial operation in Shanghai.
