Two of Japan's major retailers, Isetan Co and Aeon Co. are moving into Beijing, 500+ days ahead of the 2008 Games.

Taiwan's Shin Kong, which is 44% owned by Japan's Mitsukoshi Ltd will open ts first department store in Beijing next month.

In the past, Japanese department stores focused on economically developed coastal areas, Shanghai, Tianjin.

However, the allure of all that spending going on while preps are being made for the 2008 games has caused a change in strategy.

Does anyone wonder any more why a country wants to host the Olympics, or a World Cup event?

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