A proposed ban on government high-end alcohol purchases has done little to dent enthusiasm or investment among makers of China’s fiery national liquor.
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11 Sep 2014
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A proposed ban on government high-end alcohol purchases has done little to dent enthusiasm or investment among makers of China’s fiery national liquor.
Hunan-based Jiugui Liquor is hoping that its diverse brand portfolio and a new distribution model can help it grow market share both in its home province and nationwide.
Discretionary spending and consumer borrowing by Chinese urban consumers moderated in March, according to a China Confidential Survey of 600 consumers in 134 cities, suggesting that slowing economic growth and falling asset prices are beginning to erode consumer confidence. However, the majority of respondents remain optimistic about both the current and future economic outlook.
Booming e-commerce businesses are the latest structural shift behind China’s rural take-off.
Copyright distribution has driven strong top-line growth for the innovative ChiNext-listed company, but soaring debt levels could become unsustainable unless refinancing is sought.
Switch to user-generated content platform lead to Ku6’s first gross profit in 4Q11.
Youku’s proposed merger with Tudou will create one of the largest website operators in China, but synergies are limited and profitability is likely to remain elusive.
Youku’s proposed $1bn stock deal for rival Tudou highlights the enormous potential of China’s online video sector, yet competition remains fierce and profitability elusive.
Bankcard spending showed a slight sequential fall in February as consumers tightened their belts following lavish spending over Chinese New Year, according to a leading third-party indicator. However, spending rose on a YoY basis for the fifth consecutive month and remains close to an all-time high, indicating continued robust consumer confidence.
China’s export growth sees a relatively robust outlook for March following the large trade deficit in February YoY, according to a China Confidential survey of 203 exporters completed in late February, with sales to the EU and US looking up. Such findings were reinforced by intentions among exporters to hire more workers to handle increasing orders, the survey found.
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