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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (1912)12/11/2003 2:36:51 PM
From: RealMuLan  Read Replies (1) of 6370
 
China to curb foreign expansion

Retailers would be put into categories

Elaine Kurtenback

Chinese authorities are considering a law that would limit the expansion of foreign retailers, following complaints by Chinese firms that they were getting special treatment.

The new rules would affect retailers that have been operating without obtaining required licences from China's Ministry of Commerce.

IKEA, Wal-Mart, Carrefour and other foreign retailers have opened in China's major cities. The outsiders are challenging Chinese competitors with a combination of low prices, imported goods and Western-style service that is reshaping Chinese buying habits.

bangkokpost.com
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