search query: @indexterm department stores / total: 76
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| Author: | Davies, K. |
| Title: | Foreign investment in the retail sector of the People's Republic of China |
| Journal: | Columbia Journal of World Business
1994 : FALL, VOL. 29:3, p. 56-69 |
| Index terms: | CHINA RETAILING DEPARTMENT STORES |
| Language: | eng |
| Abstract: | for many years, manufacturing was the hottest sector in the Chinese market. But when free market retailing became legal again in 1978, China's retail sector took off. Joint ventures between large department stores are growing to take advantage of China's potential 1 billion new customers. The author paints a clear picture of the industry and candidly discusses the problems surrounding this new market: over-estimates of consumer demand, retail price inflation, currency flow problems and others. |
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