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Lawson Plans to Open 130 Stores in China in 2011

Lawson Inc., Japan’s second-largest convenience store operator, plans to open 130 outlets in China next year as economic growth and rising disposable incomes boost consumer spending in the world’s most populous nation.

Lawson will boost capital spending as much as fivefold to $50 million next year to add stores in the Chinese cities of Chongqing and Shanghai, President and Chief Executive Officer Takeshi Niinami said in an interview in Tianjin yesterday. The Tokyo-based company may also enter Beijing, Dalian, Chengdu and Shenyang, he said.