Asia real estate and outbound investment news
Chinese retailer Suning.com has agreed to buy an 80 percent stake in Carrefour Group’s China unit for RMB 4.8 billion ($699 million) in cash, according to an announcement to the Shenzhen stock exchange.
The agreement paves the way for the… Read More>>
Carrefour has opened its first-ever smart supermarket in Shanghai in partnership with Tencent, four months after the parent company of China’s ubiquitous WeChat app bought a stake in the French retailer. The Le Marche store in China’s commercial capital is… Read More>>
Chinese tech giant Tencent is eyeing an investment in Carrefour China alongside Shanghai-listed supermarket chain Yonghui Superstores, said French retailer Carrefour in a press release.
Under the terms of the non-binding agreement, the company that rules China’s social media world… Read More>>
Shenzhen is building itself into the hub of China’s high tech economy, and that shift to tech manufacturing may help explain why the southern Chinese city’s home prices have jumped over 60 percent in the last year. Meanwhile Cinda Real… Read More>>
This week China’s real estate community sees the top dog at a major US real estate investment manager depart, the latest defection from a Fortune 500 real estate service provider in Shanghai, and our usual crop of promotions and new… Read More>>
Wal-Mart announced on Thursday that it would be scaling back its rate of expansion in China over the next three years, as it plans to open 100 stores between now and the end of 2015.
Wal-Mart Stores Inc, which is… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
China’s rising labor costs and a deteriorating regulatory environment are prompting almost a… Read More>>
Here is a list of the day’s latest China real estate news collected from around the web:
China’s hard landing call is the Iraq weapons of mass destruction call in 2003. It… Read More>>
Top executives of Roadway D&B, a direct marketing subsidiary of US business information firm Dun & Bradstreet are currently under arrest for allegedly selling illegally obtained private information following an exposé on China’s CCTV this week.
According to published reports,… Read More>>
While there seem to be a growing number of pessimists regarding China’s economic outlook for the coming year, Carrefour is among the many foreign retailers planning to expand their operations in China during 2012.
According to an anonymous source within… Read More>>
