According reports from local media, Tiens Group has closed its only supermarket in Beijing — the outlet operated under the brand name of BannerStore.

According to foreign media, Apple's unlocked iPhone with 3G function is being sold in the company's online retail store in Hong Kong.

According to a report in First Financial Daily, Aokang Group, China's biggest private footwear enterprise, has opened its first overseas specialty store in New Delhi, India.

Swire Properties has announced plans to build its China headquarters in Beijing, which marks the beginning of its expansion in Mainland China.

According to Fujian Qirun Restaurant Management, Burger King will formally open a restaurant in Xiamen at the end of June 2008. It is also Burger King's first restaurant in Fujian.

By Francis Peters
Although Internet usage in China has boomed over the past ten years, the nation's retail e-commerce is still in startup mode, particularly compared to the United States.