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Consumer China

Foshan Saturday – inventory pile-up eroding the bottom line

19 April 2012

Aggressive expansion and soaring inventories eroded net profit in 2011, but a renewed focus on efficiency should help to turn around performance in 2012.

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Renminbi Compass reflects key changes in the renminbi-denominated investment environment.

Providing research coverage on asset classes as diverse as chengtou bonds, dim sum bonds, real estate, trust products, underground banking, art and antiques, as well as its traditional equity fund research.

Renminbi Compass provides orientation for investors navigating the expanding universe of renminbi asset classes.