Seven & I expanding mainland presence
China Daily | Updated: 2009-12-11 07:56
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Shoppers at an Ito Yokado supermarket in Tokyo. The largest Japanese retailer is planning to boost its revenue in China to $4.5b over next five years. Bloomberg News |
TOKYO: Seven & I Holdings said yesterday it aims to boost its revenue from China fivefold to about $4.5 billion over the next five years, as weak prospects in Japan prompt the country's retailers to seek growth in its fast growing Asian neighbor.
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