Wal-Mart
to Branch out in Beijing
The Wal-Mart Beijing branch. |
The world-renowned retailer giant Wal-Mart
will open its first branch in Beijing's Shijingshan District
in April 2003. Its main structure is now complete.
In the coming years, three more branches
will open in Beijing. In the light of the existing Carrefour
and Pricesmart chains, competition among local and foreign supermarkets
should become even fiercer.
