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Suning counters Gome with Laox deal

By Ding Qingfen | China Daily | Updated: 2009-06-25 07:51

Suning counters Gome with Laox deal

Suning will buy a 27.36 percent stake in Japanese retailer Laox for nearly 60 million yuan. CFP

The competition between the top two consumer electronic retailers in China is set to hot up.

Suning counters Gome with Laox deal

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