China falls for Christmas -- at least in its stores
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China's shopping malls in late December  leave little doubt that the country has been smitten by  Christmas, if not in quite the way devout Christians might  hope.
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The nation's shoppers  -  taking advantage of deep discounts and expanded hours  -  jammed stores over the last weekend before Christmas to try to grab a hard-to-find Wii or scoop up bargains on other items
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Higher costs in China could spell the end of an era of ultra-cheap goods, as well as the beginning of Chinaâs rise from the lowest rungs of global manufacturing.
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Retail sales unexpectedly fall in December as consumers rein in their Christmas spending.
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The nation's shoppers Â taking advantage of deep discounts and expanded hours Â jammed stores over the last weekend before Christmas to try to grab a hard-to-find Wii or scoop up bargains on other items. But the spending surge may not be enough to offset what is shaping up to be a mediocre December for some retailers.
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KAILI, China  - Railways and highways were returning to normal across China on Tuesday, but millions are likely to spend the biggest holiday of the year without power and water in what for some is the coldest winter in a century.
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Higher costs in China could spell the end of an era of ultra-cheap goods.
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As post-Christmas retail results began trickling in yesterday, this much became clear about the 2004 holiday shopping season: Consumers procrastinated; they gobbled up gift cards; they defected, in greater numbers, from stores to the Web; and, overall, they appeared to spend more this year than last.
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The 2007 holiday shopping season is turning out to be the weakest in years after retailers across-the-board reported deep declines in their December sales Thursday.
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The nation's retailers slashed prices further Wednesday in hopes that a post-Christmas shopping rush will salvage holiday sales that, so far, have fallen below even modest expectations
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The thunder of firecrackers  ushered in the Year of the Rat on Thursday, but millions of  Chinese were spending a cold holiday as repair teams battled to  restore power knocked out by the worst snow storms in a  century.
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With less than two weeks of shopping left until Christmas, the nation&#39;s malls and stores stepped up discounts over the weekend, but business appeared to be mixed, according to analysts.
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CHENZHOU, China  - The thunder of firecrackers ushered in the Year of the Rat on Thursday, but millions of Chinese were spending a cold holiday as repair teams battled to restore power knocked out by the worst snow storms in a century.
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Retailers felt the pinch following the Christmas trading period as sales plunged by 1.8 percent in January, the biggest monthly fall in four years, official data has shown.
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For a lot of consumers, especially come December, the line appears to be blurring between giving and receiving.
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The 2004 holiday shopping season turned out to be a bumpy one, with last-minute shoppers giving some retailers solid results but other storeowners struggling to a disappointing finish.
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UK shoppers left their Christmas shopping late this year but there was a seasonal rush, retailers say.