Chinese stimulus plan – defend and spend
Don’t burst the bubble…
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The stories of international retailers entering the Chinese market, drooling at the prospect of its billion-plus consumers, only to exit later with their tail between their legs are growing almost daily. Fierce competition from domestic retailers and the impact of e-commerce on the retail business has had an effect, but there are opportunities for retailers that approach the market in the right way – an issue discussed in this Loadstar report
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