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As per Bloomberg news，Li & Fung is planning to announce new partnerships with Chinese department stores including Beijing Wangfujing（600859 CH，NC，US$2.97bn sales in 2014）and Shanghai Bailian（600827 CH，NC，US$8.3bn sales in 2014）.While the news is unconfirmed at this point and there are no details available about the agreements，we performed a quick back-of-the-envelope analysis on the potential deals to put things into perspective.
