Trade: Less foreign investment in retail
(chinanews.cn )
Updated: 2006-08-07 14:49 At a symposium on China's
retailing trade held recently, several experts expressed negative views on the
booming retailing market in China. They believed domestic retailing trade would
attract less foreign investment in the near future.
Ding Liguo, CEO of Topretailing.com revealed that according to AT Kearney's
global retail development index, the investment attractiveness in China's retail
market was decreasing in the last 6 years, ranking 5th in the world in 2006 as
against 4th in 2005.
Meanwhile, retail markets in India, Vietnam and other developing countries in
Asia have become more competitive in recent years. In 2005, India replaced
Russia to become the most attractive retail market in the
world.
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