China Chain Store & Franchise Association recently released an annual survey of China industry in 2013. Below is the list of largest foreign-funded chain stores in mainland, measured by revenues.
1 - Banco do Brasil opens first China branch
Banco do Brasil, the largest financial institution in Brazil and Latin America, opened in Shanghai its first branch in China on May 30, aiming to cash in on the strengthening China-Brasil economic ties. >>
1 - ANZ, Roy Morgan Launch China Consumer Confidence Index
The Australia and New Zealand Banking Group Ltd. (ANZ) and Australian research firm Roy Morgan Research have jointly launched an index to track the Chinese consumer confidence levels, according to a joint announcement. The ANZ-Roy Morgan China Consumer Confidence Index, which gauges China’s consumer confidence and inflation expectations, remained stable at 152.5 in May, compared with 152.6 in April. >>
1 - Foreign developers seek partners, clients in China
Wealthy Chinese are increasingly looking for overseas real estate investment opportunities-so foreign developers are coming to China in search of clients and business partners, especially in the luxury-residential sector. >>