China's state retail firms fight back against rivals

Article Abstract:

China's state-owned retailing companies are modernizing their facilities and adopting Western-style management methods in an aggressive effort to counter growing competition from both domestic and overseas firms. Many are entering into joint ventures with foreign partners and building massive shopping complexes which cater to the increasing sophistication of Chinese consumers. These state-owned retailers enjoy advantages in their large customer base, reputation for low prices and prime location but analysts believe it will be difficult to match the strong growth of private-sector retailers.

Retail Stores, China, Industry Overview, Retail industry, Retail trade

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DeBeers hopes to make some best friends in China

Article Abstract:

DeBeers Centenary AG is launching two advertising campaigns in China aimed at encouraging Chinese consumers to try purchasing diamonds. Gold has been the traditional jewelry of choice in China, where it is associated with wealth and status and where sales rose by 85% to 223 tons from 1990 to 1993. DeBeers' advertisements, which are geared primarily towards newlyweds and women, are being aired in Shanghai, Guangdong, Fujian, Beijing, Tianjin and other key Chinese markets.

Jewelry (except Costume) Manufacturing, Gem Diamonds, All Other Nonmetallic Mineral Mining, Miscellaneous nonmetallic minerals, Jewelry, precious metal, Jewelry ex Platinum & Gold, Foreign operations, Advertising campaigns, Diamond industry, Diamond mining, Diamonds, Jewelry, Jewelry industry, DeBeers Centenary AG

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Disney hopes 'Lion King' overcomes China pirates

Article Abstract:

Walt Disney Co. hopes that the Chinese theatrical debut of its hit animated feature, 'The Lion King,' outdraws pirated laser disc and videotape versions proliferating the Chinese market. Among the measures taken by Disney have been to dub the 75 prints set for release into Mandarin and to undertake an extensive marketing blitz. China Film Import and export Corp. has also promised to help 'The Lion King' reach the highest box office potential.

Motion picture & video production, Motion Picture Production, Motion Picture and Video Production, Marketing, Entertainment industry, Walt Disney Co., Movie production, DIS, The Lion King (Motion picture)

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