Wednesday, March 17, 2004

law - End curbs on foreign retailers nears



Devestating news today. Reuters noted that China is going to abolish all rules banning foreign retailers from entering the country. There is no mercy! What should I write about now? How should foreign journalists make a living in this country?
Retail has been for years my favorite as foreign retailers entered the battleground that was littered with bans and bombs. My favorite company was the French retailer Carrefour who simply ignored all the regulations and moved ahead, leaving the foreign competitors behind in disarray. They even got a chapter in my book.
The company got stopped, but only after it had a clear advantage on the foreign competition. An equal playing field, by December 11. Still a long time to go, there might still be hope.

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