financial crisis

Revenue From Beijing's Five-star Hotels Beijing Down 16.9% In 2009

According to data provided by Bureau of Statistics of Beijing, the revenue of star-grade hotels in the city decreased by…

14 years ago

China's Suguo Reports 10% Growth In 2009

Nanjing-based supermarket chain Suguo has announced that its sales increased by 10% to CNY33 billion in 2009, despite the global…

14 years ago

Ryohin Keikaku Targets 30 Muji Stores For China In 2010

According to Masaaki Kanai, the CEO of Ryohin Keikaku, despite the gloomy global economy the company plans to increase the…

15 years ago

Chinese Retailers And Suppliers Agree On Fair Promotion

According to reports in local media, 70 retail enterprises and 200 suppliers recently gathered in Beijing and signed the "Proposal…

15 years ago

Li Ning To Open At Least 70 Badminton Supplies Stores In South Asia

Chinese sportswear giant Li Ning has started its comprehensive distribution network in South Asia with the opening of a flagship…

15 years ago

Watsons' New Concept Store Opens In Beijing

The health and beauty products retailer Watsons has opened a new concept store at U-town Lifestyle Center in Beijing. (more…)

15 years ago

Ikea To Close Three Trade Offices In China

Swedish furniture retail giant Ikea has announced that it will close its trade offices in Chengdu, Wuhan, and Xiamen and…

15 years ago

Chairman Of New Huadu Acquires Stake In Tsingtao Beer

Anheuser-Busch InBev, Tsingtao Beer's second-largest single shareholder, has announced that it will sell 91,641,342 H shares in Tsingtao Beer for…

15 years ago

China's Yili Reports Losses Of CNY1.96 Billion In 2008

Chinese dairy giant Yili has published its annual financial report for 2008 showing that it made losses of CNY1.96 billion…

15 years ago

Beijing's Retail Sales Up 12.6% In Q1 2009

According to Beijing Statistics Bureau, as a result of stimulation by a series of domestic demand expanding and consumption promoting…

15 years ago