From a Seller’s to a Buyer’s Market: Dynamic Changes Are Occurring in China’s Retail Sector
<p>Looking back 30 years, China was only just emerging from a planned economy. Its retail sector was strictly regulated, commodities were scarce, and a ration system was still in place. Coupons were issued not only for food and fuel, but also for bikes and televisions. Each coupon specified an item, quantity and sometimes a retail […]</p>