The 30,000 square-feet store--about half the size of a soccer pitch--opens Wednesday in Shanghai and is part of moves championed by founder and Chairman Howard Schultz. Customers at the cavernous new store on the famous West Nanjing Road shopping strip can ... ( read original story ...)
Starbucks’ New Shanghai Store Is an Over-the-Top Coffee Wonderland
On December 6, Starbucks is launching its biggest store yet: at 30,000 square feet, it’s as big as half a football field. The new location, in China, features an “augmented reality” mobile experience, three coffee bars and a two-story copper cask ... ( read original story ...)
Hidden peril awaits China’s banks as property binge fuels mortgage fraud frenzy
Reuters interviewed 12 property agents selling new and existing homes who said they had helped clients dodge lending rules. Another veteran salesperson in Shanghai who works at real estate company E-House China said around 50 percent of his clients engage ... ( read original story ...)
Starbucks Opens State-of-the-Art Premium Reserve Roastery Experience in Shanghai with the First Fully Immersive Coffee Wonderland in China
Starbucks Reserve Roastery in Shanghai, the first fully immersive coffee experience in Asia, will celebrate its historic opening tomorrow, Dec. 6, culminating in Starbucks Coffee Company's (NASDAQ: SBUX) most ambitious project ever. When the doors open to ... ( read original story ...)
China equity market anomaly widens despite Stock Connect
Shanghai Electric, CSSC Offshore & Marine Engineering ... retail investors receive negative real interest rates on their deposits “which can lead to silly [stock market] valuations if that is the hurdle rate”, given that the domestic bond market ... ( read original story ...)
China’s Stock Rally May Run Out of Steam Next Year
China’s benchmark stock index will trade weaker than current levels for ... according to Bocom International Holdings Co.’s Hao Hong. The Shanghai Composite Index will move between 2,800 and 3,900 for the next 12 months, with brief episodes of ... ( read original story ...)
How banks are tightening their credit policies, cherry-picking the customers most likely to deliver them highest profits as year-end nears
“We have seen credit in short supply near this year-end, partly thanks to a bigger demand from businesses when the macro economy is on a firmer footing,” said Zhao Yarui, a senior researcher at Bank of Communications in Shanghai. “The shortage in ... ( read original story ...)