Intense Competition Indicative Of Huge Long-term Retail Potential

Robust monthly retail sales data for the year-to-date and strong Q110 financial results from some of China's leading grocery retailers support BMI's reasonably positive growth outlook for Chinese mass grocery retail in 2010. We do expect growth to slow in 2011 and beyond, both to economic over-heating and increased market maturity. However, its sheer size and medium-term growth potential means that this remains an enormously attractive market, as the flurry of retail investment activity so far this year has served to underline.

To read the full article, please choose one of the following options: