According to the monitoring of MOFCOM, the prices of farm produce in 36 large and medium-sized cities continued to fall, and prices of production means in circulation stopped falling and picked up last week (April 27-March 3). Last week, ...
Tags: farm produce, vegetable market
In the next five years, India’s e-tail market is expected to grow 10 times from its current level to $50 billion, primarily driven by better Internet penetration and higher incomes, according to a report by Swiss financial service ...
The growth of China’s express industry has slowed down in the first quarter. Express companies's volume increased 41.7% and business revenues increased 31.6%. China's express delivery is moving along in a growth momentum as the ...
Tags: Express Industry, express delivery
Fast-food giant McDonald's Corp. said it would close about 350 restaurants due to the falling sales in Q1. Sales in the Asia-Pacific and Middle East region dropped 8.3 percent, helping bring overall global sales down 2.3 percent, ...
Tags: McDonald's, Fast-food
Tesla posted a first-quarter loss of 36 cents per share on $1.10 billion in revenue. Sales rose more than 50 percent from the year-earlier period. The company planned to increase production by about 12% and manufacture 12,500 cars in the ...
Tags: Tesla, electric vehicle
Beer in China has become increasingly popular in the last century. Chinese beer has also seen a rise in popularity internationally in the last few decades. However, Chinese beer industry suffered a negative growth in 2014 for the first time ...
Tags: Tsingtao Brewery, Beer
A man's passion for ancient Chinese houses drives him to buy many, with the aim of restoring them, he tells Deng Zhangyu. Some people collect paintings, others, sculptures and antique furniture. But Qin Tongqian does more he buys ...
Tags: homes built, Wooden Collection
April average retail price for 7W LED light bulbs (equivalent to 40W incandescent ones) in the China market increased by 23.4% on month to CNY35.9 (US$5.8), while that for 9W models (equivalent to 60W incandescent ones) decreased by 1.8% to ...
For the first fiscal quarter ended April 4, 2015, sales at NYSE listed VF Corporation dropped 2 per cent on reported basis, but was up 8 per cent on currency neutral basis, both comparisons made from a year ago quarter. Gross margin ...
Lower capacity utilisation drove down operating earnings by 23 per cent year over year at the fibre division of Eastman Chemical in the first quarter ended March 31, 2015. “First quarter of 2015 operating earnings dived to $90 ...
According to the International Cotton Advisory Committee (ICAC), excess cotton stocks held outside China are likely to keep international cotton prices down in 2015-16. Stocks outside China are projected to surge 26 per cent to 9.4 ...
Tags: Cotton Price, Textile
Bough Lin, chairman of Siliconware Precision Industries (SPIL), has predicted that the semiconductor market is unlikely to return to its seasonal growth pattern until the third quarter of 2015. A seasonal pick-up in demand usually starts ...
Output of China's building materials sector fell in the first quarter as the property market remained weak, the country's top economic planner indicated on Wednesday. Cement output was down 3.4 percent year on year to 428 million tons, ...
Tags: Building Materials, flat glass
Chinese Premier Li Keqiang on Tuesday called for improved import and export policies to offer more choice to the domestic market. Boosting domestic demand is key to ensuring steady growth and successful economic restructuring, said a ...
Tags: Domestic Market, Consumer Goods
67699 heavy trucks were sold in March this year, up 145.72% over last month and down 30.27% over last year, and the accumulated sales this year decreased by 33.66% over last year. And the top three truck makers are Dongfeng, Sinotruk and ...
Tags: Heavy Trucks, Trucks