Question

What are the pros and cons of the different china strategies pursued by carrefour and walmart?

Answer 1

the pros and cons of the different china strategies pursued by carrefour and walmart indicates hallmark advantage

Answer 2

China’s growing retail market offers a range of opportunities for foreign investors, but some sectors are easier to access than others.by Sheng LuChina has one of the most lucrative and rapidly growing retail markets in the world. Despite the global economic downturn, China’s retail sales hit ¥12.5 trillion ($1.8 trillion) in 2009, up 15.5 percent year on year. China’s booming retail sales are underpinned by the steady rise of household income.



☛ In 2009, the per capita disposable income in urban areas reached ¥17,175 ($2,515), nearly triple what it was a decade ago. In economically advanced cities such as Beijing and Shanghai, the average per capita disposable income is more than ¥26,000 ($3,810).