Haier Net Profit Increases In China
Chinese home appliances maker Qingdao Haier published its semi-annual financial report for the first half of 2012, stating that its net profit increased by 21.26% year-on-year during the reporting period.
Qingdao
Lotte's First Chinese Single Ownership Store To Open In Tianjin In 2011
The South Korean department store retailer Lotte has announced its new strategy for the Chinese market, stating that it will accelerate its expansion in China and will open its first Chinese single ownership store in…
Starwood Opening Three New Hotels In China
Starwood's Le Meridien Hotels and Resorts has announced that it is opening three new hotels in Greater China in Taipei, Zhengzhou, and Xi'an.
Tsingtao Beer Invests CNY600 Million For New Project In Shijiazhuang
To enhance its competitiveness in Beijing, China's Tsingtao Beer will invest CNY600 million to build a new brewery project in Shijiazhuang, capital of Hebei province.
Qingdao Haier Net Profit Up 49.64% In 2009
Chinese electronics and home appliances maker Qingdao Haier has published its annual financial report for 2009, stating that its operating revenue increased by 8.46% year-on-year to CNY33 billion; while its net profit increased by 49.64%…
New Fashion Wig Brand Enters Beijing's Financial Street
Henan-headquartered fashion wig maker Rebecca has opened a new brand image store in Seasons Place in Beijing's Financial Street.
Tesco To Set Up Joint Venture In China
British retail giant Tesco has announced that it will set up a joint venture in China to develop its shopping center business in the nation.
Quanjude Profit Up In H1 2009
Chinese roast duck restaurant company Quanjude has published its financial report for the first half of 2009 and states that its total revenues increased by 14.58% year-on-year while its total profit increased by 28.82% year-on-year.
Taiyuan To Subsidize Retailers To Use Energy-saving Lights
According to Taiyuan Bureau of Commerce, retailers that use energy-saving lights will gain a 50% subsidy from the government.
Tesco To Open Lifespace Mall In Qingdao
British retailer Tesco will open Lifespace Mall Qingdao, the largest supermarket development in the city, on December 19, 2009.