Retailing, Franchising, and Consumerism Business Intelligence in China

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China's Gome Posts 34.45% Rise In Profits For 2009

Chinese home appliances and electronics retailer Gome Electrical Appliance Holdings Limited has published its annual financial report for 2009, stating that its net profit increased by 34.45% year-on-year CNY1.048 billion to CNY1.409 billion; but its…