EU anti-fraud investigators suspect Greece and Hungary may have become the main EU centres of a multi-million-euro scam involving imports of Chinese clothing and footwear via the infrastructure of China’s new Silk Road.
Bangladeshi exports grew by 9% to $3.32 billion in May riding on the higher shipment of garment items, the Export Promotion Bureau (EPB) revealed this week, despite missing the monthly target of $3.38 billion.
British shoppers ramped up their spending in May after a snowbound start to the year, two surveys showed on Tuesday, the latest suggestion that the overall economy is recovering from its early 2018 slowdown.
French retailer Carrefour, which opened its first high-tech store in Shanghai last month in partnership with tech giant Tencent, sees China as the ideal location to develop new methods for attracting shoppers.
Global shipments of wearables grew 1.2% in Q1 2018 – snail’s pace progress when compared to the 18% growth reported this time last year –, as consumer preference shifts toward smarter devices and products diversify.