Development footprint for Porsche in China to increase: Porsche China CEO

STORY: Development footprint for Porsche in China to increase: Porsche China CEO DATELINE: March 30, 2023 LENGTH: 00:01:40 LOCATION: SHANGHAI, China CATEGORY: ECONOMY SHOTLIST: 1. various of Porsche's shanghai factory 2. SOUNDBITE (English): MICHAEL KIRSCH, President and CEO of Porsche China STORYLINE: Michael Kirsch, President and CEO of Porsche China, has said that the development footprint for Porsche in China will increase in the future. SOUNDBITE (English): MICHAEL KIRSCH, President and CEO of Porsche China "China is a very important market for Porsche. It was in the last years and will continue to be. We strongly believe in the Chinese market because the economy is growing and also the automotive industry. The challenge we see is the shift to electric mobility in the changing of consumer behavior and also the idea of younger customers having different needs. We believe that the economy will grow. And with the economy, also the automotive market will grow. It's more important to satisfy our customers

Gift shoppers swarm shop for India's Diwali festival

Gift shoppers swarm shop for India's Diwali festival

TOKYO, Japan - A confectionery shop sets up a temporary gift section preparing for the Hindi Diwali festival, a major shopping season, in Mumbai, India, on Oct. 14, 2014. E-commerce is rapidly growing in India, impacting consumer behavior during the seasonal shopping period.

Gift shoppers swarm shop for India's Diwali festival

Gift shoppers swarm shop for India's Diwali festival

TOKYO, Japan - A confectionery shop sets up a temporary gift section preparing for the Hindi Diwali festival, a major shopping season, in Mumbai, India, on Oct. 14, 2014. E-commerce is rapidly growing in India, impacting consumer behavior during the seasonal shopping period. (Kyodo)