German Chain-Store Giant Opens Shop in ChongqingGerman Metro, a transnational chain-store dealer, will invest US$15 million in building the largest supermarket in the western part of China, a company executive official announced recently.The supermarket will occupy two hectares of land in downtown Chongqing on the southern bank of the Yangtze River. German Metro is the second transnational chain-store giant investing in Chongqing after Carrefour, a leading chain store dealer in France. German Metro, which ranks 32nd among the top 100 companies in the world, has 320 chain stores around the globe and earned US$51.4 billion in sales last year. It has opened supermarkets in 12 Chinese cities. |
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