All China articles – Page 22
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NewsChancellor George Osborne urges Chinese tourists to visit UK
Chancellor George Osborne has urged more Chinese tourists to visit the UK as the Government simplifies the Visa system.
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OpinionComment: Overseas growth beckons UK retailers
Two hundred years after Napoleon’s famous observation, we are still a proud nation of shopkeepers. But for many of us, future success will mean that we have to look beyond our national borders for new market opportunities.
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OpinionComment: Tesco’s Chinese deal exposes difficulties of BRIC entry
It might finally be time to put one of the great myths of global retailing to bed. Contrary to popular belief, the BRIC markets are actually a bit rubbish. OK, I may be oversimplifying things slightly, but this observation is certainly the case when it comes to grocery retailing.
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NewsGovernment to simplify UK visa system to attract Chinese tourists
Home secretary Theresa May is set to simplify the visa system to attract more visitors from China which could allow retailers to tap into the lucrative tourists’ spending.
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OpinionRetail surgery: How can I crack the Chinese luxury ecommerce market?
How can I crack the Chinese luxury ecommerce market?
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Analysis
International analysis: Has China become too hard for retailers to crack?
In the past year, many international retailers have either quit or are considering exiting the Chinese market.
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AnalysisInternational analysis: Auchan stands out from its foreign rivals in China
Last week Auchan and its partner, Taiwan-based Ruentex, revealed first-half turnover in China climbed 12.9% to CNY44.51bn (£4.6bn).
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OpinionComment: Tesco’s venture will create a Chinese grocery powerhouse
Tesco has been firmly in the spotlight of late after revealing a glimpse of the future in its new Watford store and taking action to stem losses in China.
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NewsTesco in talks over deal to merge Chinese business
Tesco and China Resources Enterprises (CRE), owner of the Vanguard chain, are in talks to combine their Chinese retail operations to create a £10bn business.
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AnalysisInternational analysis: Is the Carrefour supertanker turning around?
With a mere 1.4% growth in sales to E20.46bn (£17.6bn), Carrefour’s performance remained weak in its second quarter.
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NewsTopshop to open the doors of its first Chinese store in Hong Kong
Topshop will open its first store in China on Thursday at a 14,000 sq ft flagship site in Hong Kong, as the retailer continues its growth overseas.
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AnalysisInternational analysis: Esprit pins hopes on new boss’ turnaround plan
Esprit, the mid-priced clothes retailer has been hit by the economic downturn.
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News
Amazon China to link with convenience store operator FamilyMart
Amazon China is linking with convenience store operator FamilyMart on a payment and collection service for customers in Shanghai.Around 100 pick-up points will be introduced initially, covering most areas of the city and mainly in stores that are open 24 hours. The scheme could potentially be extended if successful. Amazon ...
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AnalysisTesco: How the grocer is performing in its overseas markets
As Tesco reports a 21.8% fall in trading profits to £990m in its international arm, Retail Week looks at how its overseas businesses are faring.
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NewsGovernment considers relaxation of Chinese visa system
The Government has pledged to improve the visa system to allow Chinese nationals to visit and do business in the UK more easily.
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AnalysisAnalysis: Asian retailers on the rise in pursuit of growth
Homegrown retailers are expanding rapidly in many Asian countries. We highlight 10 companies to watch as they extend their reach.
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News
Galeries Lafayette to open first Chinese store
Galeries Lafayette is to open its first Chinese store in the Xidan commercial district of Beijing in September. It will occupy six floors and cover 516,000 sq ft.Beijing Galeries Lafayette managing director Shen Lang said the store will offer young Chinese shoppers “quality, innovation and uniqueness”.
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News
Decathlon to open 25 stores in China
Decathlon plans to open 25 stores in China this year, and aims to have 150 in the country by 2015. In Guangzhou, the retailer expects to have 20 stores within two years. At present, it has 56 shops in China.Decathlon recently opened its third store in Guangzhou, Guangdong province. Sited ...
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NewsMarks & Spencer missing its Chinese sales targets by up to 30%
Under pressure retailer Marks & Spencer is missing its sales targets in China, which it has identified as a key market for international growth, by as much as 30%.
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AnalysisInternational analysis: Media Markt exits China as ecommerce dominates
Metro’s Media Markt consumer electronics business has said it will pull the plug on its two-year-old venture into China, due to lessons learnt from a “test phase” that ended in December.