A month after arriving in London for his studies, Jin Feipeng started spending his weekends peddling bags, fashion accessories and DVDs at a market. Most people would have mistaken the then 17-year-old for someone who was struggling to make ends meet, but little did they know that it was merely a matter of pride and passion.
One of the first things that Pan Jianzhong did when he took over Juyi Group, his family’s shoe-making business, was to introduce machines to the production process, and he had to do so with his own money in order to prove a point to his mother.
Though multi-brand boutiques have been sprouting up all over China throughout the past few years, the CEO of American Rag Cie China has boldly declared his company to be the “first mover” as the brand opened its flagship store in Shanghai in July.
A basketball game organized by Yao Ming and his charity foundation will take place at the Shanghai Oriental Sports Center on Aug 21 in support of the former NBA player’s project titled “Yao Foundation Hope Primary School Basketball Season”.
Rising property prices in the United States have been attracting more Chinese buyers and this has in turn boosted demand for residences in gateway cities other than the usual hotspots such as New York.