consumption

China Approves Wal-Mart E-Commerce Deal

Despite Wal-Mart’s turbulent run in China, the Arkansas based company has now received approval for its previous bid to raise its stake in an online supermarket. From Reuters: Wal-Mart had said in February it would raise its...

China Welcomes Golden Year of The Dragon

With news that mainland Chinese gold imports hit a record high in November, The Wall Street Journal reports that Chinese demand for gold has propped up global prices as consumers and investors alike stock up on the precious...

CDT Money: Indicators: Slowdown?

Editor’s Note: This is the first installment of a new column, CDT Money, a once-a-week roundup of business and economic news from China. We’ll be giving an overview of business and economic trends from the...

Orville Schell: How Walmart Is Changing China

Orville Schell, Arthur Ross Director of the Center on U.S.-China Relations at the Asia Society, visited Wal-Marts across China and has written a lengthy piece for The Atlantic looking at the “interactive”...

The End of Cheap, as Chinese Labour Dries Up

The Financial Times’ beyondbrics blog suggests that rising wages in China could spell the end of the cheap, plentiful manufactured goods to which Western consumers (or overconsumers) have become accustomed. $11 for a pair...

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