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China's retail revolution: innovations which could change the way the world shops

By Mark Greeven, Professor of Innovation and Strategy, International Institute for Management Development (IMD)

China’s dominance in manufacturing has made it the factory of the world. The subsequent economic growth enriched an ever-expanding middle class, and the country’s retail industry has quickly adapted to supply a growing appetite for consumption.

Some of these developments in the way people spend their money, powered by the latest technology, will soon be appearing on a device near you. Indeed,…

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