Two prominent Japanese retail groups, Isetan and Aeon, are both reported to be planning to open stores in Beijing in 2008.
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Isetan expects to open an outlet in Beijing by the end of 2008, while Aeon Mall Co., part of the Aeon group, is due to complete a shopping centre in Beijing in August 2008.
Japanese retailers have been expanding in China but have tended to focus on Shanghai and coastal areas. However, the prospect of the Olympics in Beijing in 2008 has resulted in a change of strategy.
