While Taiwan has been affected by a global slowdown, department stores have pocketed huge gains from their anniversary sales.…
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HK skirts recession in Q3
Hong Kong’s economy grew 0.1 percent in the third quarter from the previous three months as low unemployment and tourists from the Chinese mainland boosted consumption while Europe’s crisi…
China’s export growth slows down as global demand falls
China’s export growth slowed further in October as the eurozone debt crisis and fears of a slowdown in the US dented demand for its goods, figures show.
Shipments from China rose 15.9 percent fr…
China’s retail sales grow slowly in Oct
China’s retail sales grew at a slower pace in October amid economic uncertainties, but analysts remained optimistic as rising purchasing power among Chinese consumers will translate into higher …
China’s inflation rate eases for third straight month
China’s inflation rate has slowed for a third straight month in October, as the government continues to try to cool economic growth.
Consumer prices rose 5.5 percent in October compared with the…
HK’s retail sector enjoys a mainland boom that looks set to last
There has long been a whiff of superiority in Hongkongers’ perception of mainlanders. But if one’s livelihood is even remotely connected to the city’s surging retail economy, you mig…
Taiwan’s consumer prices increase 0.5pc in Oct
Taiwan’s consumer price index stood at 107.76 in October, an increase of 0.5 percent from September and 1.22 percent from the same period last year, reported the Directorate General of Budget, A…
China’s elite have new international outlook
About 60 percent of rich Chinese people have already begun the process of emigrating or are considering doing so, according to a survey of people with more than CNY10 million (USD1.6m) in personal wea…
Stats: Latest HK’s weekly National FootFall Index up from previous week, Experian FootFall
Experian FootFall has released the latest National FootFall Index (week 44, 31 October 2011) detailing the footfall patterns of consumers in Hong Kong over the past six weeks in comparison to the…
HK’s Sep retail sales up 24pc from last year
Hong Kong’s value of total retail sales in September provisionally estimated at HKD31.2 billion, increased by 24.1 percent over a year earlier, according to the latest figures released by the Ce…