A report published online by the prestigious journal of the American economy “Forbes” says the Brazilian economy is creating 19 millionaires per day since 2007, thanks to the growth of Gross Domestic Product (GDP) and consumption rates, it said […]
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Shanghai and Beijing are among a number of major Chinese cities which experienced “hazy” days for up to half of last year […]
About 35 percent of urban Chinese use smartphones, the third-highest level in the world, a survey has found […]
The Internet has become the channel most used banking services in the country, reveals the Diagnosis of Retail Payment System of Brazil report by the Brazilian Central Bank for the year past. The network already accounts for nearly 31% of bank transactions, exceeding the self-service terminals (ATM) […]
Second-hand luxury goods stores are becoming popular in China as suppliers of new products increase prices and demand for high-end items continues to rise […]
Chinese consumers are becoming increasingly sophisticated in their tastes and expect a wider range of better products, according to a report released Monday that says local companies lead foreign ones in using e-commerce to expand sales […]
Chinese companies appear to be taking much more aggressive steps than their foreign counterparts to embrace the Internet as a sales channel, according to a recent survey […[
Bloomberg’s Adam Johnson reports on the construction boom in Kangbashi, a city in China’s Inner Mongolia originally designed to accommodate around 1 million people that currently has about 30,000 residents […]
Brazilian consumers led the purchase of mobile phones, HDTVs, digital cameras and netbooks in a study by consultancy Accenture. The annual survey on electronic products and services, highlighting the emergence of “a new paradigm of consumer technology,” calls attention to the emerging countries’ thirst for consumer electronics, compared to more stable markets of rich countries […]
China is witnessing an unprecedented boom in hotel construction that is changing the face of the global hospitality industry. The country will have the highest number of hotels under construction and room openings in the world for each of the next two years, according to figures released by Lodging Econometrics, the US-based hotel retail estate market analysts […]