Wednesday, April 4, 2012

Communist China now world's largest grocery market at $927 billion

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4/3/12, "China surpasses US as world's biggest grocery market," BBC

"China has become the world's largest market for food and grocery retail, surpassing the US, a study showed.

The grocery sector in China was worth £607bn ($972bn) by the end of the 2011, showed research published by IGD.

The US market was valued at £527 for the same period, which means it ranks second.

By 2015, the research forecasts that the Brics countries (Brazil, Russia, China and India) will be the top grocery markets."...

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