By John Richardson IF you answer a knock on the door and a travelling salesman is offering you a deal that seems as if it is good to be true – e.g. a top-of-the-range flat screen TV for just $100 – what is your first reaction? Your first reaction would, of course be: “This must […]
Asian Chemical Connections
China Consumer Confidence “The Worst In 17 Years”
By John Richardson LAST year, the blog was told that business at some high-end restaurants in Beijing had fallen by as much as 90% because of the government’s crackdown on corruption. And China’s top military officials are scared to even park their cars in the vicinity of high-end restaurants in case they are accused of […]
China Affordability Challenge
By John Richardson THE “gold rush” is over in China”, François-Henry Bennahmias, chief executive of Audemars Piguet, a Swiss watch company that is closing six of its 22 stores in China, told the New York Times. Swiss watch exports to mainland China dropped 26% in the first quarter from a year earlier, said the same […]
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