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GLG News by Hotel Chain Experts (Asia)

Paul French, Publishing & Marketing Director
Access Asia China
November 10, 2006
The Mainlander Effect in Hong Kong
Analysis of: Hong Kong Retail Sales Seen Accelerating as Unemployment Falls (www.bloomberg.com)
Retail Sales look substantially stronger of late; The drop in Hong Kong unemployment is important but so is the Mainlander EffectThe Government now needs to ensure that the Mainlanders keep on coming to maintain growth.
Paul French, Publishing & Marketing Director
Access Asia China
October 30, 2006
Carrefour are Right: Calmness will Prevail
Analysis of: Carrefour not interested in big China acquisition (news.yahoo.com)
Wal-Mart is looking to leap frog through acquisition while Carrefour is taking a more organic approach to growth in China; Wal-Mart may find itself biting off more than it can chew and may have underestimated the challenges of changing a corporate culture in China; Carrefour is proving once again...
Paul French, Publishing & Marketing Director
Access Asia China
October 24, 2006
Slim That Supply Chain Starbucks
Analysis of: Starbucks Acquires from H&Q Asia Pacific Majority Ownership of Operations in Beijing and Tianjin (www.finanznachrichten.de)
Starbucks is the latest in a line of retailers/caterers to sever the relationship with their Chinese partner. Starbucks is doing this before it starts a major pre-Olympics expansion in Beijing. However, questions remain over the long term viability of the coffee shop business in China.
Paul French, Publishing & Marketing Director
Access Asia China
October 18, 2006
Wal-Mart Attempts Catch Up With the Competition in China
Analysis of: Wal-Mart buys retailer in bid for China market (www.iht.com)
Wal-Mart is attempting to leap frog past Carrefour in China through acquisition However, Wal-Mart is still some way from finding its feet in China and acquiring 100 stores while their own are still under-peforming may not be too smart The acquisition (if it ultimately happens) raises a number of...

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