The HSBC flash China Manufacturing Index (PMI) edged up to three-month high of 50.4 in October, slightly up from 50.2 final reading in September, in line with market estimates. The flash China Manufacturing Output Index fell to 50.7, its five-month low. Domestic as well as external demand showed some signs of slowing, although both remained […]

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American leading retailer Costco has reached a strategic deal with Tmall.com, Alibaba Group's B2C website, to open a flagship store on this Chinese website. The new Costco flagship store will reportedly start with food and health products. In the future, Costco will launch more retailing brands on its Tmall flagship store to improve its brands, […]