Recap

November 28, 2006

China Central Bank allows Hong Kong banks to expand their RMB business; customers are able to exchange 20,000 yuan at a time; other banking news. | China commits large sums from its central budget in 05 to its defence against bird flu; other poultry industry news. | Shanghai's 3rd International Fashion Week is consolidating the city's reputation as a good international location for fashion designers and companies. The world's biggest fashion brands release their latest autumn lines on the fashion stage runways in Shanghai. Luxury consumers in China are expected to grow from 50 million to 250 million people in the next 5 years.