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October 22 – Revenue from products for children aged 0 to 12 is expected to be ¥1.15 trillion in China this year and to grow 15% annually over the next five years, according to the first industry forum. Newborn babies are projected to total 16 million per year in China from 2005 through 2020.
October 21 – China's TV sales were up 10.7% year on year to 9.96 million units in Q3 2011, according to figures from AVC, a Chinese market research firm, and the China Video Industry Association. The volume for Q4 2011 is estimated to be 12.69 million units, including 11.36 million LCD TVs, up more than 12% from a year earlier.
October 20 – Dicos, a fast food chain owned by Taiwan's Ting Hsin International Group, has opened its 1,054th restaurant on the mainland, becoming the third largest fast food chain after KFC and McDonald's.
October 20 – French retailer Carrefour opened seven stores in second tier cities including Chengdu, Nanchang and Kunming over the past month, taking the total number of its Chinese stores to 195.
October 20 – Home Retail Group Plc, a British home and general merchandise retailer, announced a joint venture with Chinese appliance make Haier Electronics Group Co (HKG: 1169) to launch a low-cost Argos store in Shanghai, the Financial Times reported. Argos distributes low-cost Chinese imports to UK consumers largely through flat-pack shipping.
October 19 – China's inflation will ease to 4.5% in the last month of this year, down from a three-year high of 6.5% in July, UBS predicted.
October 19 – As of the end of June 2011, China had 42.2 million users of deal-of-the-day websites (53.9% of them female), up 125% from six months earlier, according to the China Internet Network Information Center.
October 18 – China's retail sales rose 17.7% year on year to ¥1.59 trillion in September and rose 17% year on year to ¥13.08 trillion in the first nine months, the National Bureau of Statistics said.
$1 = 6.37
@2011 China Economy @ The China Perspective.
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