WalMart to Open 7 More Sam's in China WalMart has announced it's looking to open 7 more of its high-end Sam's Club stores in China over the next 3-years. Word of the expansion plans comes as WalMart cuts staff in China.
Avon Fined $135m for China Bribery US authorities have fined Avon 135-million US dollars for bribing Chinese officials. The global cosmetics company paid some 8-million US dollars in cash and luxury gifts from 2004 to 2008 to Chinese officials to obtain a direct sales license.
"Defend Diaoyu Islands" Themed Store Opens in Hebei A "defend Diaoyu Islands" themed store has opened in Baoding city, north China's Hebei province on Wednesday. Taiwan's People First Party chairman James Soong inscribed the store's board: "Defend Diaoyu Islands Store."