By  on October 24, 2013

Wal-Mart Stores Inc. on Thursday said it will open 110 new stores in China, even as growth in the country slows.

The plan calls for further developing stores in second-, third- and fourth-tier cities in China. According to retail experts, Western companies are now starting to realize that they expanded too quickly into far-flung areas where residents are unfamiliar with or uninterested in overseas brands.

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