Nokia To Open 10 Specialty Stores In Beijing In 2009
Chinese mobile phone chain store D. Phone has announced that the company is cooperating with Nokia and opening a Nokia specialty store in Beijing.
December 2008
International Brands Fail Inspection In Shenzhen
Shenzhen Municipal Department of Industry and Commerce has released the result of their tests of imported clothes during the third and fourth quarters of this year showing that 18 out of 30 batches of the…
J-Kungfu Plans Listing In Two Years
One of the largest Chinese fast food chains J-Kungfu has recently announced the opening of its 300th direct-managed restaurant in Guangzhou and the company said it would enter the capital market in two to three…
China's First Sichuan Special Products Chain Store Company Opened In Beijing
Sponsored by Sichuan government's office in Beijing and the Sichuan Entrepreneurs Association in Beijing, Beijing Chuantotem Trading Company has been opened in Beijing.
Wal-Mart To Open New Sam's Club In Pudong In 2009
According to Fu Mengxi, vice president for Wal-Mart (China) Investment Co., Ltd., the company will open a new Sam's Club in Pudong, Shanghai in 2009.
Mengniu Predicts CNY900 Million Losses In 2008
China's leading dairy group Mengniu has published a report, stating that according to the unaudited management accounts as of November 30, 2008 and other relevant documents, the group might see a CNY900 million loss in…
China's Sanlu Enters Bankruptcy Process
The Shijiazhuang-headquartered Chinese dairy group Sanlu has confirmed that the group had handed in a bankruptcy liquidation application to the Intermediate People's Court of Shijiazhuang and all the work was being carried out in accordance…
Snow Breweries Invests CNY650 Million To Open Production Base In Shanghai
China's leading beer brewer China Resources Snow Breweries has announced plans to invest CNY650 million to set up a production base in Shanghai.
Golden Eagle Retail Group To Suspend Acquisition Of Shanghai Golden Eagle Shopping Plaza
The Hong Kong-listed Golden Eagle Retail Group has published a notice stating that the group will suspend its acquisition of the Shanghai Golden Eagle Shopping Plaza.
China's Catering And Lodging Retail Sales Up 25.1% In November 2008
Statistics from China's Ministry of Commerce showed that China's catering and lodging industry realized retail sales of CNY137.66 billion in November 2008, a year-on-year increase of 25.1%, but a decrease of 6.6% compared with that…