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    November 30, 2013 | 0 Comments

    China’s Baby Bust: Consumers, Birth Rates, and Government Impotence

    Chinese baby

    China recently announced intentions to loosen its One Child Policy as part of a broader shift towards a consumption-based economy. As the theory goes, more births equal more demand for products and services as well as additional security for China's savers that they will be looked after in older age - either directly by their numerous kids or indirectly through transfer payments from younger workers. Unfortunately, the relationship between consumption and birth rates is not straightforward or one-sided: Social, cultural, and environmental factors stemming from China's fledgling consumer culture are pushing birth rates down and are likely to continue to do so regardless of government policy. Here's how.  ...Read More

  • What's News? August 2, 2013 | 0 Comments

    Shanghai buses run on gutter

    Shanghai public transport will get cleaner by running on China's filthiest fuel. Government bureaus, universities and hi-tech firms have signed up to use gutter oil, renowned for its role in food safety scandals, in 1000 city buses by 2014. Like much of China, Shanghai faces growing concern about what to do with rising amounts of food waste. Over the past two years, the city has seen daily recycled amounts of food waste rise from 20 to 70 tons. While gutter oil has prove difficult to eradicate from use in the restaurant industry, it is increasingly finding a role as an alternative fuel source. Source: Xinhua

  • What's News? June 19, 2013 | 0 Comments

    Shanghai’s outlet king

    Outlets are here to stay in China. Increasingly popular throughout the country, outlets have sprung up at record pace while also drawing questions about sustainability of development. Those questions do not look to dog Shanghai’s newest outlet project, slated to be the city's largest, in part because of its prime location next to Shanghai Disneyland. The outlet complex occupies 13.3 hectares of space and is expected to generate RMB 2 billion per year when it opens on International Worker’s Day in May, 2015. Source: Shanghai Eastday

  • What's News? May 8, 2013 | 0 Comments

    Yum!: different brand, same scandal

    "KFC" and "safety scandal" have found each other again. Little Sheep Hotpot, a Yum! company, is suspected of using adulterated lamb meat in its restaurants. An investigation into the sale of adulterated meat on Shanghai wholesale markets led Shanghai's food safety supervisor to Little Sheep Hotpot after records connected to Little Sheep were found at vendors under investigation. Yum! representative say Little Sheep does not use the suspected vendors and its own supply chain is secure Source: Winshang

  • What's News? May 8, 2013 | 0 Comments

    Shanghai gets brand new Cadillac

    Cadillac has received government approval for a new plant in Shanghai's Pudong district. Over RMB 8 billion in investment is projected for the construction and subsequent product introduction. Initial production capacity is slated to reach 150,000 units. Industry experts expect Cadillac's localization to enhance the brand profile of Shanghai GM in the China auto market. Construction starts in June. Source: Hexun

  • What's News? May 2, 2013 | 0 Comments

    Holiday retail up 20%

    According to the Shanghai Commission of Commerce, Shanghai retailers reported total sales of 3.37 billion yuan (US$539 million) during the Labour Day holiday, up 18.8 percent from the same period last year. Sales of jewelry and gold soared on the back of falling gold prices and wedding season. Sales at jeweler Lao Feng Xiang surged 173 percent compared to 2012. Source: Shanghai Daily

  • What's News? April 23, 2013 | 0 Comments

    Dior opens new Shanghai store

    Dior's new boutique at Shanghai's L'Avenue Center is now open. The new location makes three Shanghai spaces for Dior. Occupying 1000 sq. meters, the boutique's design displays a fine art influence reminscent of Dior's Avenue Mountaigne store in Paris. Source: iFeng

  • What's News? April 18, 2013 | 0 Comments

    Coca-Cola touts green tech

    Coca Cola recently announced the introduction of advanced green packaging technology to the China market. 888ml and 1 liter Coca Cola, Sprite and Fanta recyclable bottles are available in Shanghai, Hangzhou and Tianjin. If the promotion goes well, the new earth-friendly bottles will be rolled out on a national scale. Prices will remain unaffected by the new bottling process. Source: Hexun


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