“As these people are catching up to become more sophisticated like the ladies in Beijing and Shanghai, they are going to be more preference-driven, instead of price-driven, when it comes to lingerie shopping.”
partner at lingerie giant Triumph International, saying consumers who are used to shopping for budget underwear will become the key growth driver for the company’s luxury offerings.
“We welcome the Chinese government’s statements with regard to further opening-up, strengthening of market forces as well as promoting foreign investment.”
chairman of the German Chamber of Commerce — North China. A survey published by the German Chamber of Commerce in China on Nov 17 showed that German companies doing business in China are more optimistic than last year on their economic prospects in the country.
“Every time I go to China, I am surprised by the dynamics hidden behind the stunning economic statistics.”
CEO of global mining group Rio Tinto, on his impression of China’s economic performance.