According to a report in Britain's The Times, the British retailer Tesco will build its first shopping center in Fushun, Liaoning province, to expand its business in the Chinese market.

Although affected by the global financial crisis, the home supplies retailer Ikea does not seem to intend to slow its expansion in China and the company's vice president for Ikea China, Gillian Drakeford, revealed that Ikea's second store in Shanghai would be opened in Pudong in 2010, incerasing the total number of Ikea stores in [...]

Ikea China's vice president for real estate purchasing Gao Feng and the vice governor of Hangzhou's Binjiang District Yu Xiao'an have signed a investment letter of intent for a new Ikea store in Binjiang District, Hangzhou.

According to the Bureau of Foreign Trade and Economic Cooperation of Qingdao, Ministop Co., Ltd, a subsidiary of the Japanese retail giant Aeon, will open 24-hour convenience stores in Qingdao, making Ministop the first foreign 24-hour convenience store brand in Qingdao.