Archives for May 26, 2004

← 2004

European retailers expand China operations

Two of Europe's major retail chains, Carrefour and Metro, have announced plans to expand their operations in China, while a third, Tesco, is still on the hunt for a partner to enable it to enter the country's market.

China's wine imports grow nearly 50 per cent

Chinese wine imports increased by nearly 50 per cent last year, according to figures released by the Beijing customs authorities, with a value amounting to almost €26 million, an increase which is being attributed to lower import tariffs and...