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    Competition heats in Chinese retail

Competition heats in Chinese retail

Slowing economic growth and rising unemployment in China may have had slowed growth from the country's retail sector but, as Dominique Patton reports from Beijing, the challenging trading conditions have thrown fresh opportunities for larger retailers to expand – through consolidation.

CHINA: Wumart growth continues

Chinese retailer Wumart Stores has posted a 21% jump in half-year profits thanks to buoyant turnover and steady growth in…

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