Newcomers in China may find market saturated
By Xu Junqian in Shanghai | China Daily | Updated: 2012-07-20 07:54
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A Marks & Spencer Plc department store in Shanghai. Statistics from the National Commercial Information Center of China showed that the sales of 50 large department stores in China increased by 8.15 percent year-on-year in the first quarter of 2012. Provided to China Daily |
But foreign companies continue to push aggressive expansion plans
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