Suning maneuvered to capture Chinese tourists purchasing duty-free electronic items in Japanese retail shops, as well as bring Laox sales and product management expertise back to its Chinese retail stores.

FORBES: The 'Chapan' M & A Wave

With the technological playing-field thus levelled, says Aram Hekimian, Wavecom's chief executive, the Chinese brands should be able to capture 80% or more of the market some time in the next few years.

ECONOMIST: Cellular handsets: The local touch | The