Wednesday, November 24, 2004

News

Portrait of China's newly rich: They have been called "Chuppies" in the world press. They are a generation who made money rapidly as China's economy got stronger and stronger. They are dynamic, young consumers with an eye for brand names and a desire to enjoy themselves.

Wal-Mart Concedes to Unionization of China Stores: Under pressure from the Chinese federation of labor unions, the world's biggest retailer, Wal-Mart Stores Inc., said on Tuesday it would permit branches union in its Chinese stores if employees requested it.

Bus for Disabled Begins Operation in Beijing: The first bus service catering to handicapped and senior citizens in Beijing began operation Tuesday.


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