Buying in
By Andrew Moody | China Daily | Updated: 2009-09-30 07:41
Reform radically altered the landscape and a new class of consumer emerged with money in their pockets.
It was not until the 1990s that foreign retailers began to enter the market with Carrefour from France making its debut in 1995, followed by the American giant Wal-Mart a year later and then Tesco from the United Kingdom in 2004.
Apart from food retail, other major retailers have made their way to China, including the likes of Nike from the United States, Swedish home decoration giant IKEA and UK DIY retailer B & Q.
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