Sunday, March 14th, 2010

China Gobbles up Luxuries Like They’re Going out of Style

About: World Luxury Association, China’s Global Times, Louis Vuitton brand LVMH (LVMHF.PK), Richemont (CFR.VX), Rupert Hoogewerf, China Daily, Hurun Rich List, China’s economy, China investing, China economy, China Stock Digest, Chinese economy, China stock market
The shopping habits of Rodeo Drive and [...]

Decoding the Mystery of China’s Exploding Retail Sales

About: (Chen Deming, China’s Minister of Commerce, Chang Xiaocun, China Daily, Department of Market System Development, China Economy)

First the good news. The total volume of retail sales in China will likely grow by 16 percent next year, that according to Chen Deming, China’s Minister of Commerce. If such [...]

Stock Market Hits A New High. Too Bad for the NASDAQ and NYSE!
Shares have jumped to another one-year high! Not in New York or London, of course. The action is now in Shanghai. The market there is up 61% this year alone!
With the benchmark Shanghai Composite Index roaring towards the 3000 mark, some investors are [...]