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Silk Street eyes upmarket transition

The Friday 20 March 2015 edition of the China Daily carried the report: "Silk Street eyes upmarket transition". Following are extracts from the article: "Beijing's famous Silk Street market plans to discard its image as a mixed-bag shopping paradise and transform itself into a top high-end market.  "Silk Street announced on Thursday that it will close all shops that continue to sell poor quality goods or provide bad service and introduce higher-end businesses, including designer clothing and self-owned brands, developing into a high-end shopping place that can compete with shopping malls of international standards. "Located in Beijing's largest business and embassy area, Silk Street…
Honour Singapore
April 11, 2015