CHINA: Wal-Mart invests in Chinese hypermarket chain

By just-food.com | 27 February 2007

US retail giant Wal-Mart has expanded its presence in the Chinese retail sector through an agreement to purchase a 35% stake in Bounteous Company, the group that operates Chinese hypermarket chain Trust-Mart.

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US retail giant Wal-Mart has expanded its presence in the Chinese retail sector through an agreement to purchase a 35% stake in Bounteous Company, the group that operates Chinese hypermarket chain Trust-Mart.

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