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China’s wind energy sector is set to grow substantially by 2017, owing to the rapid increase in economy and surging electricity consumption as well as government support. China is rapidly emerging as the largest wind power market in the world. According to Angelika Pullen, spokeswoman for the Global Wind Energy Council, in 2009, the number of turbines installed in China surpassed the total number installed in Europe and could possess the   ... Read more
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US Shows Weak Retail Sales
05 Nov, 2007
Retail sales in the US are declining because of slow approach of the fall season and consumers’ less purchasing power due to rise in unemployment, reduction in payrolls and wages etc. A s per a trade group, International Council of Shopping Centers, in September 2007, the retail sales in US ...Read more

Boom in Brazil’s Retail Sales
02 Nov, 2007
The retail sales in Brazil is showing strong growth, thanks to growing disposable incomes, less import costs, increment of minimum wages, more cash handouts, and so on. B razil’s retail sales grew 0.7% in the month of August (2007) from July (2007). The growth in retail sales was due to ...Read more

August Boom in Retail Industry in Hong Kong
26 Oct, 2007
The retail industry in Hong Kong has more reasons to jubilate, as growth continues unabated, thanks to a number of factors, like the high tourist inflow and domestic spending, and improved employment. As per the Census and Statistics Department, there was a 12.5% year-on-year increase in the ...Read more

Crisis Strikes German Retail Industry
26 Oct, 2007
Germany is facing economical crisis due to poor retail sales in the month of August, but the country still maintains its position as a world leader in the retail industry. A s per the Federal Statistics Office, 1.4% drop in retail sales in Germany in August 2007 has shattered the hopes that ...Read more

Brazil Retail Industry – May ’07 Brought Good Results for Retailers
09 Oct, 2007
Brazil reported healthy growth in retail sales in May due to its economic growth, rising purchasing power and changing consumption pattern. It was also due to decline in borrowing costs. REUTERS reported Brazil’s retail sales of May 2007 increased over April more than the expectations, as ...Read more

China’s Growth in Retail Sales Lead to Economic Boom
09 Oct, 2007
The performance of China’s retail sector has been highly impressive and is catching the attention of foreign players eager to cash in on the booming economy. IHT news reported that according to the National Bureau Statistics of China, the overall retail sales from January to June 2007 is at ...Read more

China’s Retail Sales Grow Faster During May ‘07
29 Jun, 2007
China’s retail sales grow faster in both rural and urban China during May 2007, leading to a steady growth in the country's economy. Retail sales in both rural and urban China have been on a steady increase rising to record levels, which is an important indicator of China’s economy on ...Read more

Vietnam Woos Global Retail Giants
24 Jun, 2007
Supermarket industry in Vietnam is increasingly gaining attention of foreign retailers and distributors, as per some global retailers and industry experts. In the news published on Nhan Dan AT Kearney, international management consulting firm of US, said it regards the Vietnamese market as the ...Read more

May Day Spurs Record Spending In China
24 Jun, 2007
A research analyst at RNCOS is optimistic of a 15% hike in retail sales in consumer goods in 2007, rising 13.7% gain in 2006 and surpassing the 12.8% growth in 2005. Rising consumer demand spells good news for the companies catering to the booming Chinese middle class, improving their prospects ...Read more

Supermarkets in Brazil On Rise
24 Jun, 2007
According to 23rd Management Congress & International Supermarket Business Fair, sales in Brazilian supermarkets grew repidly in the 1Q 2007 in comparison to the same period last year (2006). Sales in Brazilian supermarkets grew 7% in the 1Q 2007 in comparison to the same period last year ...Read more

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