Pack Your Bags for the Orient Express


BAG IT UP: Louis Vuitton, which advertised its Shanghai boutique with this huge piece of luggage, is cashing in on China's new rich

Carrefour, Europe's biggest retailer, has seen the future and it looks like this: plastic bins filled with dried squid tentacles. A traffic jam of shopping carts shaped like Volkswagen Beetles. Live mandarin fish packed so densely that they jump from their tanks and flap onto the floor. That was the scene last week at a Carrefour hypermarket in Beijing, one of 53 the French company now operates in China. Since it arrived in the mid-1990s, and particularly since the introduction of new retail regulations three years ago, the company's growth rate has been torrid. Chinese sales now amount to $1.6 billion...

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