Lego will cross 500-store mark in China this year despite sluggish economy, CEO says

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Lego Group still plans to build brick by brick in China this year despite the country's yawning economic troubles. "We are keeping our investments [in China] going," Lego Group CEO Niels B. Christiansen told Yahoo Finance Live (video above). Christiansen said Lego Group — a private, family-owned company — will open 30 new stores in China in the second half of this year after opening 54 in the first six months. By year-end, Lego Group will have crossed the 500-store mark in China and have 1,000 stores worldwide. The company is also expanding its factory capacity in China to support...