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In December 2006, The Home Depot announced its acquisition of the Chinese home improvement retailer The Home Way. The acquisition gave The Home Depot an immediate presence in China, with 12 stores in six cities. In April 2011, Home Depot shut its last Beijing store, the fifth Home Depot to close in China in the previous two years.
Private. GOME Electrical Appliances Holding Limited (国美电器 in Chinese) ( SEHK : 493) changed its name to GOME Retail Holdings Ltd.. It is one of the largest privately owned electrical appliance retailers in mainland China and Hong Kong. It was founded by Wong Kwong Yu (Huang Guangyu), a Chinese businessman, in Beijing in 1987.
Chinese property bubble (2005–2011) The 2005 Chinese property bubble was a real estate bubble in residential and commercial real estate in China. The New York Times reported that the bubble started to deflate in 2011, [1] while observing increased complaints that members of the middle-class were unable to afford homes in large cities. [2]
Looks like China's economic slowdown has claimed another victim. Atlanta-based Home Depot Inc. (NYSE: HD) said today that it will close its remaining seven big-box stores in the People's Republic.
B&Q Limited. B&Q Limited (short for Block & Quayle after the company's two founders) is a British multinational DIY and home improvement retailing company, with headquarters in Eastleigh, England. It is a wholly owned subsidiary of Kingfisher plc. It was founded in March 1969 by Richard Block and David Quayle .
The Beijing Subway network was originally conceived to have only one loop line. The booming economy and explosive population growth of Beijing put huge demand on Line 2, surpassing its designed capacity. In 2001 and 2002, the China Academy of Urban Planning and Design proposed two "L-shaped" lines named Line 10 and 11. Together they would form ...
China’s years-long property slump shows no signs of abating, as quarterly new home sales tumbled by 30.7% year-on-year. Property investment also fell 9.5% over the same period. Property ...
The Ming dynasty ( / mɪŋ / MING ), [7] officially the Great Ming, was an imperial dynasty of China, ruling from 1368 to 1644 following the collapse of the Mongol -led Yuan dynasty. The Ming dynasty was the last imperial dynasty of China ruled by the Han people, the majority ethnic group in China. Although the primary capital of Beijing fell ...