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June 14 – Marks & Spencer opened a 4,500m2 store in Shanghai. It is the British retailer's eighth in China and fourth in the city. M&S is to open another two stores in Shanghai this month, one in Yangpu district and the other in Baoshan district.
http://www.linkshop.com.cn/web/archives/2012/212711.shtml
June 9 – China took a 9% share of the Asia Pacific's $132.2 billion direct selling market in 2010, according to the World Federation of Direct Selling Association.
http://finance.qq.com/a/20120609/001465.htm
June 9 – China's retail sales rose 13.8% from a year earlier to ¥1.67 trillion in May, according to the National Bureau of Statistics. Between January and May, retail sales were up 14.5% year on year to ¥8.16 trillion.
http://www.stats.gov.cn/tjfx/jdfx/t20120609_402810976.htm
June 9 – China's inflation slowed to 3% in May compared to the same month of last year, the National Bureau of Statistics said. The rate was significantly down from 3.4% in April.
http://www.stats.gov.cn/tjfx/jdfx/t20120609_402810971.htm
June 8 – Hugo Boss AG plans to open 20 stores in China annually in the years to come, Asia Pacific CEO Gerrit Ruetzel told Yicai.com. The German fashion company was operating 86 stores in China as of the end of 2011 after opening nine during that year.
http://www.21cbh.com/HTML/2012-6-8/4ONDIwXzQ0OTY4OQ.html
$1 = ¥6.32
@2011 China Economy @ The China Perspective.
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