Chinoiseries

Walmart Stores Inc (NYSE: WMT) said it plans to invest ¥500 million opening new stores in Guizhou province over the next five years. The world's largest retailer has opened 346 stores across 128 mainland cities, including six in Guizhou

One in every 1,400 Chinese persons had at least ¥10 million of investable current assets by the end of 2011, according to the latest Hurun report.

China probably overtook the US as the largest personal computer market in Q2 2011, Bloomberg reported. Personal computer shipments in China rose 14% to 18.5 million units during the period, while the number in the US fell 4.8% to 17.7 million, according to Bryan Ma, an analyst at research firm IDC. Ma predicted China would likely pass the US on a full-year basis in 2012.