BEIJING — China's first auto-parts chain store opens, with high hopes that it will revolutionize the country's parts industry. Lamba Auto Parts, a franchisee of the National Auto Parts Assn. (NAPA) of the U.S., opened its first franchise in Beijing in late June, with plans of establishing a chain of parts stores around the country. The franchise concept aims to create a standardized market. If successful, it could bring big change to the parts business here, which traditionally has been ...
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