US convenience store chain 7-Eleven is seeking expressions of interest from companies who might operate branded outlets in China.
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Following China’s admission into the World Trade Organisation, the chain is hoping to extend its business in the country and revealed that it may consider licensing the rights to a group of businesses.
Market watchers expect that the companies already operating 7-Eleven stores in China will be most likely to win the licenses for the chain’s expansion. These include Hong-Kong-based Dairy Farm International and 7-Eleven Japan.