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Consumer Behavior

Living in Germany: survival guide to supermarkets

Surprised by details Germans take for granted, some newcomers are shocked by the country’s supermarket culture. Here is a survival guide to supermarkets from a self-declared grocery shopping expert from Canada, who learned the hard way

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Consumer Behavior Trend Watching

Living in Germany: the best chocolates ranked

What do the best chocolates taste like? A German consumer foundation put 25 milk chocolate brands — including Milka, Lindt and Merci – through rigorous testing and tasting […]

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China Economics Trend Watching

Living in China: Beijing, Shanghai and Hong Kong among most expensive cities in Asia

Ranking behind four cities – Tokyo, Nagoya, Yokohama and Kobe – Beijing, Shanghai and Hong Kong have become some of the most expensive cities in Asia, according to the latest survey conducted by internationally renowned human resources service provider ECA International.

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China Consumer Behavior Economics

Living in China: Cost of food drives up Consumer Price Index to 8.5%

China’s consumer price index(CPI) rose 8.5 percent in April, mainly driven by uncurbed food costs, the National Bureau of Statistics(NBS) said recently. The figure, compared with 8.3 percent in March and a nearly 12-year-high of 8.7 percent in February, was broadly in line with most forecasts.
The NBS attributed the figure to a low base of comparison: the CPI rose just 3 percent in April 2007. Another factor was the rapid increase in world grain and commodity prices…

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China Consumer Behavior Economics

Living in China: Beijing’s Consumer Price Index rose 6.5% in April 2008

Beijing’s consumer price index (CPI) rose 6.5% in April, according to the latest statistics from the Beijing Municipal Bureau of Statistics and the Chinese National Bureau of Statistics Beijing Survey Organization. Food prices rose 21.6%; while non-food prices rose 0.3%. Consumer goods prices rose 8.7% and that of service rose 0.8%. Food prices increased by 21.6% as compared with the same month last year, among which grain prices increased 9.0%; oil prices increased 29.2%; meat and its products prices increased 46.8%; egg prices increased 6.3%; aquatic products increased 19.9%; and vegetables prices increased 11.4%…

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China Economics Trend Watching

Living in China: Shanghai GDP increases 13.3% in 2007

Shanghai, the most powerful economic hub of China, achieved GDP of US$1.2 trillion in 2007, up 13.3% from a year earlier, marking a double-digit growth for 16 consecutive years, the Shanghai Statistics Bureau announced recently. The city’s 2007 GDP per capita stood at US$8,594 in the local calculation method, said Pan Jianxin, director of Shanghai Bureau of Statistics. And in accordance with the international standards, the figure would hit US$8,949, said Pan…

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China Information Technology

2007 Retrospective: Top 10 News Events in China

The following are the top 10 domestic news events in the year 2007 selected by Xinhua News, China’s Official News Agency (in chronological order): 1. China’s top legislature, the National People’s Congress (NPC), adopted a landmark property law on March 16, granting equal protection to public and private properties. 2. Serious pollution caused a sudden stenchy algae outbreak in China’s third largest freshwater lake Taihu in late May, cutting tap water supply to more than one million residents in Wuxi, Jiangsu Province…