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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (536)	8/27/2003 2:15:20 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

HK hopes China shoppers will bring economic salvation Reuters, 08.27.03, 2:50 AM ET By Susan Fenton HONG KONG, Aug 27 (Reuters) - At the Dolce & Gabbana clothing store in Hong Kong's Pacific Place shopping mall staff are cramming to learn Mandarin. Nearby, at Christian Dior, fluent Mandarin is now required to get a job. As Hong Kong gears up for an expected flood of high-spending tourists from mainland China following the relaxation of travel restrictions, retailers are pulling out the stops to capture their business. Already mainland tourists are being seen as the territory's economic salvation, capable of reviving everything from the job market to property prices. "They'll change Hong Kong," said M.C. Lee, a nurse who was window shopping in the Pacific Place mall. "Now a lot of people can't find jobs but Chinese tourists spend a lot so they can help the economy and create jobs." ... forbes.com