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Aggregated China Business Blogs
Chinese Department Stores Will Face Headwinds In 2014
Aggregated Source: China Money Network
Despite an anticipated slight acceleration in retail sales growth, Fitch Ratings says the outlook for Chinese department stores is negative for 2014, according to a report released by the U.S. credit rating agency. Structural issues such as stiff competition, increasing consumer preference for other retail formats and shifting of growth to lower-tier cities will continue […]

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