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| Saturday, August 30, 2008 05:50:43 |
Wolters Kluwer to open first foreign-run bookstore in China
Dutch publisher Wolters Kluwer has received regulatory approval to open in October what will be China's first foreign-operated bookstore for professional publications, Forbes reported, citing the Financial Times. The company, in partnership with local firm China Law Press, will sell a range of sector-specific publications mainly to legal, accounting and medical professionals in China, said the report. 'We're fragmented in the way we distribute at the moment. We can't have that direct (customer) relationship here and that's one of the challenges for foreign publishers,' the report cited Matthew Sullivan, managing director of CCH - the Wolters Kluwer unit that will operate the store - as saying. The bookstore will open in Beijing.
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