French retail giant Carrefour said that, given the difficulties of lobbying the government, it would maintain its joint-venture partnerships rather than go it alone. With a loosening of rest... Read more
Canada-based McCain Foods began construction of a US$32m frozen french fry factory in the northeastern city of Harbin. The 230,000 sq m plant will be McCain's first food processing plant... Read more
Bailian Group, the result of the merger of Shanghai Number One Department Store and Shanghai Hualian, said it planned to expand its retail network to 10,000 stores by 2010. That would mean a... Read more
Dutch dairy group Friesland Coberco, makers of the Dutch Lady brand, announced it was withdrawing from China, citing overcapacity in the Chinese dairy market and a lack of profits. The compa... Read more
China's retail sales grew 14.2% in October, the fastest pace in five months official statistics showed. Total sales hit RMB498bn (US$60bn) after rising by 14% in September. Sales of food... Read more
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