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European Largest Building Materials Distributor Announces Withdrawal from China
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2011-03-15
Recently, several foreign giants have defeated from China. La Maison, which was invested in China from French Saint-Gobain Group, the Europe’s largest building materials distributor as well as the world’s top 500 enterprise announced on Mar. 8, its decision to withdraw from China due to huge losses by poor management. According to the industry analysis, La Maison’s closing down is in connection with China’s recession in building materials market on the whole.
 
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