In yet another effort to narrow the income gap between its rural and urban residents, China plans to create a nationwide chain of 250,000 superstores over the next three years to stimulate g... Read more
Ownership of pet dogs is soaring in China, spawning a market in care and accessories that could be worth as much as US$725m by 2008, state media reported. According to the Xinhua news agency... Read more
Retail sales in Beijing during the first four days of the Spring Festival holiday hit a record US$89m, according to figures released by the Beijing Municipal Commerce Information Service Cen... Read more
State media, calling China "the country credited with inventing toilet paper" said excessive use of it and tissues was threatening wood supplies and raising calls for a return to h... Read more
Carrefour and Wal-Mart, the world's two biggest retailers, saw robust sales growth in their China operations in 2004, according to figures from the Ministry of Commerce. France-based Car... Read more
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