Foreign direct investment (FDI) in the Chinese mainland jumped 17 percent year on year in the first two months of 2015, settling at 22.48 billion U.S. dollars, the Ministry of Commerce (MOC) announced Tuesday. The pace slowed from a 29.4 ...
Tags: China's FDI, service sector
A senior Chinese central bank official said Thursday that the country is "actively communicating" with the International Monetary Fund (IMF) on the possibility of including Chinese currency yuan, or RMB, in the basket of the Special Drawing ...
Tags: SDR Basket, Chinese currency
Last year definitely ended with two widely differing stories in the fashion world in China, with traditional well-known luxury brands experiencing a downturn while more affordable luxury products and fast fashion brands turning in ...
Tags: luxury market, luxury brands
Notebook shipments (excluding detachable models) by the top-five vendors as well as top-three ODMs suffered a sequential decline of 25% and 19%, respectively, in January due to a high level of inventory at channels which resulted mainly ...
Tags: Notebook, top-three ODMs
A new study from one of the UK’s top money-saving brands has found that more than half of Britons (57%) chose to brave the high street to do the majority of their January sales shopping, rather than shop online. Clothing, furniture ...
The arts and craft set from Vivid has been championed by the UK’s parenting site, Netmums. Crayola Colour Alive: Mythical Creatures has been voted as the top toy approved by mums at London Toy Fair 2015. The arts and craft set ...
Tags: parenting site, Toys
The number of Americans who favor football over baseball narrowed in 2014, according to research released by The Harris Poll. Pro football is the top pick among 32 percent of sports fans, while baseball only garners "favorite" status ...
Tags: basketball, football, Sporting Goods
UK retail sales declined by 0.4%, on a like-for-like basis from December 2013, when they had increased 0.4% on the preceding year, finds the latest BRC-KPMG Retail Sales Monitor. On a total basis, sales were up 1%, against a 1.8% rise in ...
Tags: home categories, Furniture
Molson Coors Brewing Company and Compaía Cervecerías Unidas (CCU) have formed a new partnership to launch two iconic American beers in Chile. Both internationally recognized Coors Light and the brewer’s newest offering, ...
Tags: beverage distributors, Agriculture
The average customer satisfaction score for Amazon slipped five points to 83 to tie with QVC for the highest score among the top 100 e-commerce sites measured over the holidays, likely because of increased price competition, according to ...
Holiday sales as compared to overall annual retail sales have been trending downward for about a decade. Holiday sales in 2013, at $663.5 billion, were 18.7 percent of overall retail sales, well below the peak of 19.6 percent seen in 2004. ...
Tags: Gifts, Shoppers, Sporting Goods
For many LED makers, 2014 has been a challenging year, with performance in the first and second halves of the year very polarized for many, notes Roger Chu, research director of LEDinside (a research division of TrendForce). Lighting market ...
Tags: LED Makers, Entry Level, Electrical
China's Huawei Technologies Co Ltd has taken sales of its low-price Honor brand of smartphones to 20 million from 1 million in just one year. Huawei executives hope to emulate the phenomenal growth of Xiaomi, which broke into the global top ...
More than 840 technology companies based in the Western region of the United States (Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington and Wyoming) will debut their consumer ...
Tags: 2015 CES, Innovations, Consumer Electronics
Worldwide sales of Samsung smartphones reaches 73.21 million units in the third quarter, down 7 million units. Its market share declines 7.7% to 24.4% and still ranks first. Sales of iPhones grew 26 percent in the quarter, ranking ...
Tags: Samsung, smartphone