consumer spending

The department store operator attracts high-quality, but price-sensitive, demand, while Zhong Da Mining decides to halt its pre-marketing efforts after just three days.

Philippine supermarket operator Puregold Price Club is aiming to raise at least $177 million, while tea seller Tenfu and restaurant chain Xiao Nan Guo are in the market with slightly smaller deal sizes.

Higher income expectations, healthy savings and rising aspirations will fuel consumer spending in 2011, according to a new Credit Suisse survey of seven emerging markets.