July 27 – Ford Motor Co (NYSE: F) said it sold 277,322 vehicles in China in 1H 2012, up 10.2% from 1H 2011. The Chinese market is becoming increasingly important for the US carmaker as its global sales fell 4% during the same period.
July 27 – Starbuck Corp (Nasdaq: SBUX) posted $181.8 million in revenue and $61.4 million in operating profits from the China/Asia Pacific region in its financial Q3. It opened 112 restaurants in the region during the period, 67 more than in the same period a year ago.
July 26 – Toyota Motor Corp (NYSE: TM) said it plans to invest $285 million building a continuously variable transmission (CVT) factory in Changshu, Jiangsu province. The project is expected to make 240,000 CVTs annually and become operational by September 2014.
July 25 – Apple Inc (Nasdaq: APPL) said its revenue from China jumped 48% year on year to $5.7 billion in its fiscal Q3 after iPhone sales in the country more than doubled during the period. The tech giant's overall performance largely missed Wall Street expectations.
July 24 – Starbucks Corp (Nasdaq: SBUX) said it will open its first store in Nanchang, Jiangxi's provincial capital, on August 8. The coffee chain, which plans to operate six to eight stores in the city by the end of this year, says it will cost ¥5 million to build the store in Nanchang.