After Chinese tourists flock to destinations in the UK and Europe to stock up on luxury fashion and other goods, British companies are keen on offering Chinese customers these goods closer to home and at a discount. Value Retail, London-based real estate developer and operator of luxury
shopping outlets in Europe, for example, plans to invest about 450 million US dollars in three new retails outlets in China over the next five years, with the first to open on May 15 in Suzhou in Eastern China.
Suzho