Word: chengdu
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...RECYCLING $770 Amount a Chengdu panda-breeding center used to spend every month to clean up nearly a ton of daily panda droppings 300°C Temperature at which the dung is sterilized under a new plan to use it for profit. It's then made into odor-free souvenirs like an Olympic-themed panda statue
...relegated teams get "parachute payments" that soften the blow of tumbling down a division. With that kind of stability, building a brand in Asia and other foreign markets may not seem such a stretch, even for relatively small clubs. Despite losing money last season, Sheffield United bought China's Chengdu Five Bull football team (and duly renamed the side the Blades, to match the English club's moniker). Since then, United has opened a city-center bar and retail outlet at the stadium. Analysts are impressed. "If a club hasn't got a high profile or heaps of cash, building...
...parent for the 148 InterContinental hostelries worldwide, as well as Holiday Inn, Staybridge Suites, Crowne Plaza and Indigo brands. And under his command IHG is invading new territory. Last year the company planted 26 more InterContinental flags, up 40%, including in Los Angeles, Red Square, Tokyo and Chengdu; Holiday Inn added 700 franchises...
...secret to success in cities like Chengdu is going local. French hypermarketer Carrefour, which opened its fifth outlet in Chengdu in January, overhauled its prepared-food department to cook up the chili-laden specialties favored by natives, including marinated rabbit heads and roasted duck jaws. Samsung reopened its operation here in 2004, but it is going native. Shoppers in China's west, says Ko You Chan, Samsung's managing director for the western districts, usually expect a small gift when they make a major purchase. So Samsung liberally doles out free DVDs and other goodies. Result: sales of Samsung consumer...
...likelihood, Chengdu and China's other interior cities will look more and more like Shanghai every year. The optimistic citizens of Chengdu, such as Liu Xindi, couldn't imagine anything else. Liu, 33, has seen his income skyrocket 20-fold since he began working 15 years ago. Now Liu, who sells ads for the local Yellow Pages, can splurge whenever he wants on his soccer shoes, badminton racquets and biking gear. But he still thinks the good times are just starting to roll. "Of course, I think my life will be better in the future," Liu says confidently. "The economy...