February 1 – Panasonic Corp (NYSE: PC) said it plans to invest tens of billions of yen building a factory in China to produce lithium batteries for hybrid and electric vehicles. It will be the Japanese company's first overseas lithium battery plant.

January 31 – Starbucks Corp (NASDAQ: SBUX) raised the prices of some drinks in China by ¥1 to ¥2. It was the first markup in the country since April 2007.

January 31 – Gap Inc (NYSE: GPS) said it plans to open 31 stores in China in its 2012 fiscal year. The US clothing retailer opened its first Chinese flagship store in Shanghai last year.

January 31 – Apple Inc's (NASDAQ: APPL) iPhone series will be available in China through China Mobile and China Telecom – on top of only China Unicom – by the end of 2012, and this will help the smartphone's sales in the country surge to 40 million units in 2013, Morgan Stanley (NYSE: MS) predicted.

January 30 – Yum! Brands Inc (NYSE: YUM) said it has opened over 4,000 restaurants in China, including some 3,400 KFC restaurants and 500 Pizza Hut restaurants.

$1 = ¥6.31

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