Germany's Metro to build supermarket in Yantai, China

09/30/2009 | ChinaRetailNews.com

Metro will invest $10 million in building a new supermarket in the Zhifu district of Yantai, Shandong. The German retail group signed the contract during the recent Third Yantai International Wine Festival. Another 18 projects from foreign investors also were signed during the city's festival.

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