Brazilians with high income – those with at least $ 1 million in applications and specifically served by private banking channel – added 50,602 customers in 2011 and closed last year with $ 434.4 billion (nearly 240 billion US dollars) invested in banks, according to a survey of the Association Brazil Entities of the Financial and Capital Markets (Anbima), released on recently […]
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Despite giddy Chinese art prices showing some strain from global economic uncertainty, art collectors think values will continue to rise due to limited supply and continued strong demand as Asian collectors become more affluent […]
Observers predict that China will soon be biggest in the world for high-end designer consumer goods. Chinese people will buy more than half their acquisition of luxury goods on the mainland in 2014 rather than overseas, as is the case now, business research and consulting firm Frost & Sullivan said in its latest survey […]
Chinese consumers spent about US$7.2 billion on luxury goods overseas during the week-long Spring Festival holiday, a 28.6 percent jump year-on-year, according to a survey […]
abc7news reports of the democratization of 3D printing […]
China’s top legislature began to deliberate a draft law on exit and entry administration, which aims to cope with the surging overseas visits by Chinese and the influx of foreigners […]
Shanghai has failed to meet a proposed air quality standard for the past five years, according to the city’s environment watchdog […]
China has surpassed the United States and Japan to become the world’s top patent filer this year […]
Chinese retailers are paying close attention to the mobile commerce sector in the country’s large cities, and experts said the development of mobile commerce will depend on the Internet environment in China […]
Shenzhen, a city in southern China, is considering passing a law to protect people who help strangers from being sued, after a case in which an injured toddler was ignored by 18 passers-by, a report said recently […]