Archive for November 2009

Tesco To Set Up Joint Venture In China

Nov 19th, 2009 | By | Category: Supermarkets

British retail giant Tesco has announced that it will set up a joint venture in China to develop its shopping center business in the nation.



Lotte Mart Opens Its First Hypermarket In Beijing

Nov 18th, 2009 | By | Category: Supermarkets

The South Korean retailer, Lotte Mart, has opened its first hypermarket in Beijing at Gongyi Xiqiao.



China Resources Enterprises To Acquire 75 Home World Hypermarkets

Nov 17th, 2009 | By | Category: Supermarkets

Hong Kong-listed China Resources Enterprise Limited has announced that it will exchange assets with its parent company, China Resources Group.



150 Young Leaders from Asia Pacific and the US to Attend the Asia 21 Young Leaders Summit

Nov 16th, 2009 | By | Category: Press Releases

Kuala Lumpur, Malaysia (November 16, 2009) /ChinaNewswire.com/ — Raj Bhavsar is an Indian-American artistic gymnast and bronze medalist at the 2008 Beijing Olympics, who is now an Olympic sports ambassador working to raise sports awareness in India. Sabrina Singh is an astronaut trainer at the National Aeronautics and Space Administration, teaching Japanese, Russian, European [...]



China's Retail Sales Up 16.2% In October 2009

Nov 16th, 2009 | By | Category: Business

The National Bureau of Statistics of China has published major economic statistics for October 2009 and stated that China's retail sales increased by 16.2% year-on-year to CNY1.172 trillion.



China Retail Drug Sales Reached CNY66 Billion In H1 2009

Nov 13th, 2009 | By | Category: Health

Yu Deming, the director of the China Pharmaceutical Enterprises Association, stated at "The 4th Growing Pharmaceutical Enterprise Development Forum" that China's drug retail market reached CNY66 billion in the first half of 2009, an increase of 15.8% compared with the same period in 2008.