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MADRID, March 13 (Xinhua) -- Textil group Inditex increased profits by 22 percent from February 2012 to January 2013 to 2.361 billion euros (3.063 billion U.S. dollars), the Spanish company reported on Wednesday.Inditex, which is the world's largest clothing retailer, saw a 16-percent increase in sales that amounted to 15.946 billion euros, thanks ......
Hangzhou Wahaha chief to keep looking for European opportunitiesChina's richest man, beverage tycoon Zong Qinghou, plans to invest in high-tech projects overseas and will continue buying trips to Europe to expand his newly launched shopping mall businesses in China.Zong, chairman of Hangzhou Wahaha Group Co, the country's largest beverage group, sa......
The West is expecting China, under its new leadership, to play a greater world role as Beijing's involvement is essential in resolving the economic downturn and creating new order for the global financial system, according to former French prime minister Michel Rocard."Dysfunction of the current world financial system is so deep that the classic re......
Fuyao Glass, the world's second-largest auto glass maker by sales, expects to see strong overseas sales growth in the years ahead with Europe and South America leading the way, according to its corporate chairman."The European debt crisis has created new opportunities for Fuyao to expand the business overseas in specific regions," Cao Dewang, chair......
For international architectural firms, rapid urbanization in China translates to 'Have tools, will travel'In a London office, a French architect Sebastien Pollet is working on the layout of a 250,000-square-meter Ikea shopping mall in Beijing to be opened next year.China is urbanizing at breakneck speed, and that has created business for architects......
BOAO, Hainan, April 6 (Xinhua) -- Chinese private firms are seeing new expansion abroad and already lead China's investment overseas, Chris Lu, CEO of Deloitte China, said on Saturday at a forum in south China's Hainan Province.The 2013 Boao Forum for Asia Annual Conference witnessed hot discussion among private firm bosses, worrying about domestic......
Dutch firm counts on cost cutting to appeal to Chinese customersAs the country's car industry goes through a process of reincarnation, from one based almost solely on sales of brand new cars to one in which pre-owned vehicles are becoming common, plenty of other industries are cheering.One such is Ceva Logistics, the world's fourth-largest third-pa......
Striking similarities emerge in a new photography exhibitionChina's Meilidao Art Institution and the Delegation of the European Union to China are co-presenting People to People, an exhibition by the photographer Steve Zhao.It is the first exhibition that the Delegation of the European Union to China has held for a Chinese photographer, and Zhao's ......
Dalian Wanda Group Corp Ltd, one of China's leading property developers and the owner of the country's largest movie theater chain by box office revenue, is in talks to buy a European theater chain, a company spokesman said on Monday.The move comes several months after the Chinese conglomerate's $2.6 billion acquisition of the United States' second......
BEIJING, March 12 (Xinhuanet) -- Two to three decades ago, nobody would have said goods made in China were superior to those produced in European nations, especially Germany, which boasted some of the world's top technologies and brands.Now things have changed.Despite the growth slowdown for Chinese shipments amid the European Union debt crisis, so......