Archive for May 2011

Michelin Star Chef Visits Beijing May 11- May 22

May 10th, 2011 | By | Category: Press Releases

Beijing, China (May 10, 2011) /ChinaNewswire.com/ — Michelin Star Chef Eros Picco, will visit Beijing on a 12 days limited engagement, from 11th to 22nd May, for a Michelin-inspired Gala Wine Dinner (May 20th ). Fresh, innovative and authentic north Italian cuisine will delight Beijing gourmets as Michelin-chef Eros Picco creates authentic signature dishes at [...]



Rt-Mart Eyes USD1 Billion From IPO In Hong Kong

May 10th, 2011 | By | Category: Supermarkets

Taiwan-based supermarket retailer Rt-Mart has submitted an initial public offering application to Hong Kong Exchanges and Clearing Limited, aiming to get listed within 2011 and gain USD1 billion for store expansion.



Violence Allegedly Ensues At Apple Retail Store In Beijing

May 9th, 2011 | By | Category: Electronics

At least one non-Chinese employee working for Apple was allegedly responsible for hitting customers waiting on line to buy the iPad 2 in Beijing, according to news reports from both local and foreign media.



Electronics Retail Profits Soar In China For Suning

May 5th, 2011 | By | Category: Electronics

Chinese home appliances and electronics retailer Suning has announced its performance report for the first quarter of 2011, stating that from January to March 2011, the company's operating revenue increased by 23.2% year-on-year to CNY20.58 billion; and its net profit increased by 27% year-on-year to CNY1.12 billion.



Mofcom Inks Deal With Tesco For Sustainable Retail Development

May 4th, 2011 | By | Category: Supermarkets

British retail giant Tesco has signed a letter of intent with the Department of Commercial Services Administration of the Ministry of Commerce of China to jointly promote the sustainable development of the Chinese retail industry.



McDonald's To Open 200 New Restaurants In China In 2011

May 3rd, 2011 | By | Category: Food & Beverage

The American fast food giant McDonald's has announced it will open 175 to 200 new restaurants in China in 2011 and it will hire 50,000 new employees across China.