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| Thursday, October 16, 2008 00:30:24 |
National chain a rare breed in China
Wal-mart Stores Inc. is trying to become the nation's biggest hypermarket chain with its bid to buy Trust-Mart, a Taiwanese competitor, for close to 1 billion US dollars. It only unveils the biggest challenge for retailers is the sheer difficulty of building and running national chain in China.
Roughly the size of the continental U.S., China still doesn't have a nationwide logistics network of trucks, highways ...
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