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May 11 – China's retail sales rose 14.1% year on year to ¥1.56 trillion in April and rose 14.7% to ¥6.49 trillion in the first four months of 2012, the National Bureau of Statistics said.
http://www.bloomberg.com/news/2012-05-11/chinalco-said-to-seek-1-billion-in-ipo-of-peruvian-unit.html
May 11 – China's consumer price index rose 3.4% in April from a year ago, continuing to ease from 3.6% in March, the National Bureau of Statistics said. It was the third consecutive month that the inflation rose below the government's 4% target. Food prices, which make up one-third of the index basket, were up 7% in April.
May 8 – As many as 86% of Chinese consumers would not buy luxury goods labeled "Made in China" as they did not consider such goods to be luxurious, according to a joint survey by luxury goods magazines. China's share of the world's spending on luxury goods has risen from less than 1% in 1998 to 10% in 2010 and is expected to maintain a rapid pace in the next five years.
http://industry.caijing.com.cn/2012-05-08/111840474.html
May 8 – German fashion and style company Hugo Boss AG said it will open most of this year's planned 50 global new outlets in China, particularly in smaller cities.
http://www.linkshop.com.cn/web/archives/2012/207818.shtml
May 7 – Metro AG launched its B2B site in China and said it plans to double the number of its stores in the country by 2015. The German retailer currently operates 54 stores in China. Its revenue from China grew 18% to ¥15 billion last year.
http://news.imeigu.com/a/1336411500161.html
May 7 – China's top 100 domestic and foreign supermarket operators posted a combined ¥770.66 billion in revenues in 2011, according to the China Chain Store & Franchise Association.
http://cn.reuters.com/article/chinaNews/idCNCNE84700U20120508
May 7 – China's top 100 domestic and foreign chain and franchise operators posted a combined ¥1.65 trillion in revenues in 2011, according to the China Chain Store & Franchise Association.
http://cn.reuters.com/article/chinaNews/idCNCNE84700U20120508
May 7 – The government's subsidies for farmers to substitute new home appliances have resulted in sales of 23.34 million items valued at ¥61.68 billion in the first four months of 2012, down 16.4% and 6.7% respectively from the same period a year ago, the Ministry of Commerce said.
http://www.yicai.com/news/2012/05/1700269.html
May 4 – Lawson Inc, Japan's second largest convenience store chain, said it plans to open 100 stores annually in the years to come in Chongqing, a provincial level municipality with 32 million people in southwestern China.
http://www.linkshop.com.cn/web/archives/2012/207384.shtml
$1 = ¥6.31
@2011 China Economy @ The China Perspective.
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