A Huffalump did his business here...: Quick Snap From Bloomberg

Tuesday, October 17, 2006

Quick Snap From Bloomberg

Luxury Movement of the Chinese:
China's Wealthy Splurge $63 Million at Luxury Show in Shanghai

Oct. 16 (Bloomberg) -- China's wealthiest lavished 500 million yuan ($63 million) on Hennessy X.O spirits, Porsche sedans, South African diamonds and other luxury goods during a show in Shanghai, double the value of transactions a year ago.

Top Marques, a four-day show that has its origin in Monaco, attracted 12,000 visitors last week with exhibits of 70 luxury brands, including $300,000 De Bethune watches and $426,983 Lamborghini sedans.


Akzo and Pfizer



Intel News




Retailing in China - Walmart moving deeper into China - Good summary of retail in China as well



Roche Holding AG, the world's biggest maker of cancer medicines, said third-quarter sales rose 19 percent as doctors prescribed more of its tumor-fighting drugs and governments stocked up on the Tamiflu influenza treatment.
- biotech

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