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It isreported that fast fashion giant ZARA will be opening discount stores in China to digest inventory as Italian brand agent Mario Company said that Inditex, parent company of Zara has authorized it to open discount stores in China.

However, Inditex and Zara (China) haven’t confirmed this news and have emphasized that their outlets in China are all regular chain stores without any franchisi
The country's exports and imports volume totaled $3.87 trillion last year, and growth slowed sharply from the 22.5-percent rise registered in 2011.

Exports throughout 2012 rose by 7.9 percent year-on-year while imports increased by 4.3 percent, yielding a trade surplus of $231.1 billion, up 48 percent from a year earlier, according to the General Administration of Customs.
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Having closed for renovations last month, this week Bulgari opened the doors of its all-new Plaza 66 flagship in Shanghai with a blowout attended by a bevy of local celebrities and featuring a distinctly serpentine theme. Centered around the lighting of a massive snake feature (identical to those seen at Bulgari flagships in New York, Tokyo and Rome) commemorating the Serpenti collection and comi
Metro suspends future funding of electronics unit, directs focus on wholesale arm

Media Markt China, the electronic products chain owned by Germany's Media-Saturn Holdings and Foxconn Technology Group, may have to close unless a buyer is found for the money-losing business, according to retail experts.

Media-Saturn's parent company, Metro Group, said on Wednesday it was withdrawing any furt
FOOD authorities in central China's Henan Province yesterday ordered an investigation into a poultry company that reportedly bought sick and dead chicken from farms, then resold the sick ones to fast food restaurants such as KFC and McDonald's and processed the dead ones into animal feed.

The company, Doyoo Group, one of China's largest suppliers to KFC and McDonald's, said the company treated
irst time fines handed down to overseas firms for price fixing

The mainland on Friday joined an international crackdown on a price fixing conspiracy involving several suppliers of LCD screens, levying penalties of 353 million yuan ($56.6 million) on Samsung, LG and four Taiwan companies.

The settlement, though less punitive in the eyes of analysts, was considered a landmark move as it was t
Fertilizer contaminated with used batteries and other toxic waste has resulted in another food safety scandal in China.

Jiang Xicheng, chairman of the environmental protection arm of the Guangdong Lion's Club, a charity organization, broke the news on the Internet, alleging that farmers in the southern city of Guangzhou made fertilizer out of fermented garbage that contained used batteries, sh
US fast food chain McDonald's Corp told the Global Times Wednesday that it has stopped sourcing chicken from beleaguered Shandong-based Liuhe Group Co, one of the largest chicken suppliers in China, after a Liuhe factory was shut down for selling chickens with excessive antibiotic residues.

"Liuhe is a secondary supplier to McDonald's (in China). As our responsibility to consumers, McDonald's

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