date:Dec 24, 2013
ly at 7.8 percent compared to its one-time double digit pace - will be suitable for the country to reconsider its growth model. China, as many experts suggest, needs to shift from an investment economy toward a consumption-driven model. The SP study points out that growing domestic demand will likely benefit Western retailers that execute successfully in China.
US retailers expansion in key international markets such as China is a supporting factor for SP's ratings, as it strengthens the busine