TAIPEI (AP) - Taiwan's leading department store chain said Monday it was negotiating with its Chinese partner, after a quasi-official Taiwanese agency said the chain was involved in a major management struggle with the Beijing-based company.
Shauna Lee, a spokeswoman for Shin Kong Mitsukoshi of Taiwan, would neither confirm nor deny a report from the island's Strait Exchange Foundation that the Beijing Hualien Group is forcing the chain to hand over the management of its Beijing New Life Square branch, one of the top shopping spots in the Chinese capital.