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* ‘Speed money’ puts the brakes on India’s retail growth
Reuters: “Hong-Kong entrepreneur Ramesh Tainwala spent 18 months operating branded clothing retail stores in India before deciding it was impossible to succeed without paying bribes. Tainwala, a...
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Wal-Mart to open up to 110 new China stores by 2016 | Reuters
Wal-Mart Stores Inc (WMT.N), the world\’s biggest retailer, is expanding its China business as it seeks to raise profitability in a slowing retail sector. Wal-Mart will open up to 110 facilities in...
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Kejriwal’s Foreign Shop Ban is Bad for Delhi – India Real Time – WSJ
Delhi’s decision to block foreign supermarkets in the capital–one of the few markets that matter in India–is bad for the city and for the country, some analysts said Tuesday. As India looks to attract...
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Fired from Walmart, Mrs Wang is now gunning for China’s state labor union |...
When Wang Yafang was fired from her job at a Walmart in southern China in July 2011 for dishonesty, she refused to sign the termination papers and even showed up at work the next day – only to be sent...
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Wal-Mart to open 110 stores in China as part of $100 million expansion...
Wal-Mart, the world’s largest retailer, has announced plans to accelerate its expansion into China by adding as many as 110 stores over the next three years, resulting in an almost $100 million...
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Online sites shake up hidebound retailing in India – Businessweek
Finding a way into India’s vast but vexing market has long frustrated foreign retailers. Now, overseas investors are pouring billions of dollars into e-commerce ventures that are circumventing the...
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Wal-Mart Struggles to Crack Retail Market in India – Businessweek
As Indians celebrate the Hindu festival of Diwali, executives at Wal-Mart India don’t have much reason to cheer. The company is still waiting for its big breakthrough in India, a market it has been...
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In ‘Milestone’ Move, GM to Sell Chinese-Made Cars in U.S. – China Real Time...
Yale Zhang, the head of Shanghai-based consultancy Automotive Foresight, called the export of the Buick Envision SUV from China to the U.S. a “landmark.” “It means that China’s manufacturing quality...
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More Than 100 Chinese Firms on Global Fortune 500, but Not Alibaba – China...
More than 100 Chinese companies made the Fortune Global 500 list this year, with the U.S. the only country with more names on the list. China power giant State Grid jumped from seventh place last year...
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Bridge Collapse Is Latest Tragedy on India’s Roads – India Real Time – WSJ
The collapse of a bridge in the western Indian state of Maharashtra this week that left 14 people dead and 18 others missing wasn’t the first road tragedy to hit the area.In 2013, a bus veered off a 80...
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