Jin Jiang Hotels To Acquire Plateno Group For CNY8.3 Billion
Shanghai Jin Jiang International Hotels (Group) Company Limited has approved plans to acquire the 81.0034% stake in Keystone Lodging Holdings Limited.
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China Welcomes First Metro For Horeca Store
German retailer Metro has announced that it has opened its first Chinese Metro for Horeca store in Shanghai's Huaihai Road shopping district, marking Metro's new store model's formal entry into China.
New Chengdu Department Store To Start Construction In December 2008
With a joint investment from the Chengdu Department Emporium Company and Taiwan-based Far Eastern Group, the new Chengdu Department Store will formally start construction in December 2008.