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Best Buy slowing expansion in China

By Ding Qingfen | China Daily | Updated: 2008-12-19 08:00

Best Buy slowing expansion in China

Shoppers look at electronic products displayed at a Best Buy store in Shanghai. Hu Xiaolu

US consumer electronics retailer Best Buy's plan to cut costs and lay off a section of its employees is likely to derail its ambitious expansion plans in China.

Best Buy slowing expansion in China

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