November 8 – 35% of urban Chinese use smartphones, the highest rate in the Asia Pacific region, according to a joint survey by Google (NASDAQ: GOOG) and Ipsos.
November 7 – Tesco opened its 99th Chinese store in Yingkou, Liaoning province. It is the British retailer's 19th store in the province.
November 4 – Chow Tai Fook, a Hong Kong-based jewelry retailer, said it plans to open 100 stores annually in mainland China in the years to come.
November 3 – China's consumer spending will double from 2010 levels by 2020 to become the world's second largest market, according to McKinsey. Close to 60% of the 15,000 middle class Chinese consumers surveyed believed their household incomes would rise significantly over the coming five years.
November 3 – The value of China's online B2C transactions rose 15% quarter on quarter and 13% year on year to ¥62.1 billion in Q3 2011, with Tmall.com capturing the largest market share of 35.5%, according to Analysys International.
November 2 – French retailer Carrefour opened its 196th Chinese store in Taiyuan, Shanxi's provincial capital.
November 1 – China's online retail sales rose 10% quarter on quarter and 58% year on year to ¥211.77 billion in Q3 2011, according to Analysys International.
November 28 – Lotte Mart, a South Korean retailer, opened its 87th Chinese store in Dongying, Shandong province.
$1 = ¥6.32