Despite the economic slowdown fast food giant McDonald's has announced that based on its good performance in China, the company plans to recruit 10,000 new employees in the country, of which, 80% will be college…
Despite the global economic slowdown, U.S.-based Baskin-Robbins, one of the world's largest ice cream chains, has announced plans to open 20 new stores in Chinese cities such as Beijing, Shanghai, and Xi'an.
Traditional Chinese medicine company Beijing Tongrentang says that although the economy may continue to decline this year, the company will try to achieve revenues of CNY10 billion and maintain a rapid expansion in overseas markets.
Chinese roast duck restaurant Quanjude has published its annual financial report for 2008 and states that despite increased revenues and profits, in view of a slowdown in the economy it will revamp its expansion plans…
Hasee Beijing has resumed supplies to Chinese electronics retailer Suning.
Dr. Eckhard Cordes, the CEO of the Germany business group Metro, has announced that the company will introduce Media Markt, an electronics store brand operated by Metro Group, into the Chinese market in 2010.
Chinese hotpot chain Little Sheep has published its first annual report since it was listed on the Hong Kong Stock Exchange of Hong Kong on June 12, 2008.
Beijing-based supermarket and department store retailer Hualian has published its annual report for 2008, which states that its revenue increased by 16.43% to CNY8.618 billion in the period while its profits decreased by 47.49% to…
According to statistics released by China's National Bureau of Statistics, due to factors such as the economic slowdown, decreased exports, and falling share prices, China's retail sales in the first two months of 2009 only…
According to Yan Zhirong, the executive president of Amway Greater China, the company's sales in China increased by 28% to CNY17 billion in 2008.