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 CHINA/TAIWAN
FRANCHISE NEWS ARCHIVE
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: : Jul - Dec 2004
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Chinese taste for fast food grows.
For centuries the epitome of fine eating, Chinese cuisine is being
redefined by the rising popularity of fast food with more Chinese
now likely to carry their meal in a bag than Americans and Australians.
.... [more]
27 Dec, 2004
McDonalds relocates China headquarters. McDonalds, the
world's leading hamburger maker, announced yesterday at a press conference
it will enhance its Chinese market share by moving its China headquarters
from Hong Kong to Shanghai. .... [more]
14 Dec, 2004
B&Q acquires PriceSmart's 5 outlets. Home furnishing
retailer B&Q Group announced recently that it has acquired five
outlets from the heavily indebted PriceSmart in China for 6.95 million
pound (US$12.51 million)..... [more]
12 Dec, 2004
Japan to launch convenience stores in China. Japanese
convenience store operators and other retailers are set to expand
franchise chains in China after this Saturday, when the government
there deregulates the establishment of such operations by foreign
companies. .... [more]
8 Dec, 2004
Applebee's cooks up new course for China. Applebee's
International Inc. hopes they'll be eatin' good in the "zhu jai
qu" - that's Mandarin for neighborhood - soon. .... [more]
5 Dec, 2004
Franchising China Draws More Than 20,000 Chinese Entrepreneurs.
Global Sources Ltd. announced the seventh annual Franchising China
Conference & Exhibition was the largest in the event's history.
.... [more]
3 Dec, 2004
Canada's Coffee Time franchise chain opens three outlets in
China. The Coffee Time coffee-shop chain recently opened three
retail outlets in Beijing, adding to an international presence that
includes parts of Europe. .... [more]
1 Dec, 2004
McDonald's China strategy: franchises. McDonald's plans
a quick low-cost franchising expansion in China to catch arch-rival
KFC as Beijing prepares to open retailing to competition next year.
.... [more]
24 Nov, 2004
President Starbucks to speed franchise expansion
in China. President Starbucks Coffee Corp will speed up its
franchise development across the Taiwan Strait, as China is slated
to open up its retail market next month in accordance with WTO regulations.
.... [more]
24 Nov, 2004
Bun shop owners locked in legal battle. The Shanghai
Kebi Food Company has been using his Babi steamed buns to attract
franchisers, said Liu Huiping, general manager of Shanghai Babi Food
and Drinks Administration. "Which is totally cheating,"
said Liu. .... [more]
18 Nov, 2004
China sets stage for franchising. For the very first
time, a franchise exhibition area has been set up at the China (Shenzhen)
Consumer Goods Procurement Fair to show that franchising is gaining
more ground. .... [more]
11 Nov, 2004
Franchising brings biz opportunities. China's small
and medium-sized enterprises (SMEs) and individual investors face
a wealth of business opportunities as increasing numbers of international
franchisers make inroads into the nation. .... [more]
9 Nov, 2004
Franchising China Opened Today in Beijing With Pre-registered
Visitors Up 50 Percent. Global Sources Ltd. today opened the
Franchising China 2004 Conference & Exhibition at the China World
Trade Center in Beijing. .... [more]
1 Nov, 2004
Papa John’s Pizza to widen China expansion. Papa
John's plans to accelerate its expansion in China's coastal region
next year. .... [more]
29 Oct, 2004
Hooters opens first China outlet in Shanghai. America's
Hooters restaurant chain plans to open its first China outlet in Shanghai
on Friday, bringing its racy combination of cold beer, chicken wings
and skimpily dressed waitresses to one of the world's fastest growing
economies. .... [more]
22 Oct, 2004
Franchising business booms; law required. A Ministry
of Commerce official said yesterday that nation's booming franchising
business has entered a rapid development stage, calling for more publicity
to be given to a professional law to regulate the industry. .... [more]
20 Oct, 2004
McDonald's Will Rely Mostly on Own Funds in China Expansion.
McDonald's Corp., which received government approval to start franchising
in China this year, said it will mostly rely on its own funds as it
seeks to meet a target of 1,000 restaurants in four years in the nation.
.... [more]
19 Oct, 2004
Chain store Mister Donut comes to town. Last week, the
Uni-President Group introduced a doughnut shop through the newly established
joint-venture Mister Donut Taiwan Corp., aiming to top 100 outlets
island-wide in three years. .... [more]
4 Oct, 2004
McDonald's says outlets in China will lift profits.
McDonald's Corp. received government approval to start franchising
its fast-food restaurants in China, a change that will boost profit
in the world's most populous nation. .... [more]
23 Sep, 2004
Double A opens in Hong Kong. Double A Copy Centre, a
Thai copy centre franchise, is opening a new branch in Hong Kong,
it’s third foreign venture after Singapore and Malaysia. ....
[more]
22 Sep, 2004
China Unicom to open 3000 internet cafes. China Unicom,
the nation's second-largest mobile phone carrier, plans to open up
to 3000 internet cafes by the end of the year. .... [more]
14 Sep, 2004
IKEA plans 10 new stores in China. After six years of
marking time in China, Swedish home furnishings giant IKEA has finally
decided to speed up its expansion paces in the country. .... [more]
7 Sep, 2004
Precision Tune Auto Care Signs Agreement With Hong Kong Company
to Open 330 Centers in China. Precision Auto Care, Inc. on
Tuesday signed a master franchise agreement to open and operate at
least 330 Precision Tune Auto Care car care centers in China over
the next seven years. .... [more]
2 Sep, 2004
Bally Total Fitness Opens Tenth Franchise in China.
To meet the ever increasing health and fitness needs of the Chinese
market, Bally Total Fitness today announced the opening of the tenth
Bally Total Fitness franchise in China through a joint venture with
China Sports Industry. .... [more]
30 Aug, 2004
IKEA to expand mainland presence. Swedish home furnishings
maker IKEA will invest heavily to build 10 new stores over the next
six years in China, its fastest-growing market around the world. ....
[more]
30 Aug, 2004
Learning for the future. Toddlers in high spirits are
singing and dancing away, and even babies-in-arms are mesmerized,
chortling at the sounds and the sights of the Gymboree Music Festival.
.... [more]
30 Aug, 2004
Beijing deal percolating at Starbucks? Starbucks Coffee
International, speeding up its expansion in Asia by raising the stakes
in its local licensees, is widely believed to be percolating similar
plans in Beijing. .... [more]
3 Aug, 2004
M&S 'looking to expand into Russia and China'. High
street retailer Marks & Spencer is considering opening stores
in Russia and China, it was reported today. .... [more]
25 Jul, 2004
Xian Leng to open 100 outlets in China by 2010. Fish-breeder
Xian Leng Holdings Bhd wants to establish its presence in China, given
the growing demand for Arowana fish in the world's most populous country,
with plans to open 100 retail outlets there by 2010. .... [more]
23 Jul, 2004
Old brands face the challenges of new era. Locals in
old Beijing used to judge how rich you were by whether you were wearing
Majuyuan hats, Neiliansheng shoes or Ruifuxiang clothes. .... [more]
13 Jul, 2004
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