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Emerging markets in Asia are unseating Europe as the epicenter of new hospitality investment and development while investors in the United States are switching their focus from the acquisition of existing hotels to developing new properties, according to a survey conducted by Ernst & Young.
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The Conference Board announced that the leading index for Korea declined 0.9 percent, while the coincident index increased 0.1 percent in December.
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The Conference Board reports that the leading index for Japan decreased 0.4 percent and the coincident index decreased 0.1 percent in December.
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Many global consumer products companies perceive China as a big, untapped consumer market where they can succeed just by showing up. But research among Chinese consumers indicates that perspective is wrong.
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A survey on outlook for Hong Kong's Business Market Environment in 2008, conducted by Coface - international credit insurance and credit management services group - has revealed that more than 70% of Hong Kong enterprises surveyed are positive about their business growth.
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mInfo(R) Inc., released some key search statistics that shed light on real user behavior and the state of the sector in the world's largest wireless phone market. With the popularization of wireless search in the last couple of years, China's wireless search market has developed rapidly starting from 2006.
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Chinese enterprise IPOs raised over US$100.00B from overseas and domestic capital markets during 2007 making it a remarkable year.
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The number of Internet users in China grew so sharply in 2007 that the country now has the largest Internet user popluation in the world, according to a January report by the state-controlled China Internet Network Information Center as cited by Agence France-Presse.
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The Chinese Private Equity market started wooing international capital at a time of increased global subordinated debt crisis and sustained rapid growth of Chinese economy.
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Xinhua Finance eziData China Consumer Confidence Index (CCCI) released its 2007 annual report, with the review data showing that Chinese consumer confidence demonstrated three stages of declines in 2007, with overall confidence declining from the baseline of 100 in April to the 97.8 in December. The report also expected large volatility in consumer confidence in 2008.
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