South Korea E-Mart Planned to Increase USD200m Investment in China

2008-07-01
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As reported by Yonhap News Agency, in the tenth year anniversary of entering Chinese market, Shinsegae E-Mart of South Korea planned to increase their investment in China. Since the first store opened in Shanghai in 1997, E-Mart has run 7 stores in China and they has planned to input KRW50b each year, totaled KRW200b (around USD212m) until the end of 2010.