While bringing much useful experience to their Chinese counterparts, these foreign supermarkets are also an enormous threat to their local rivals.

这些外国超市一方面给中国同仁带来大量有用的经验，另一方面也对当地的竞争对手构成了巨大的威胁。

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They also face competition from local upstarts in markets where no such rivals previously existed.

ECONOMIST: China��s economy and the WTO

Imagine: exempt from state and local taxes, they also have less onerous capital-adequacy requirements than private rivals.

ECONOMIST: Fannie, Freddie and Uncle Sam | The

Also, in what could be seen as a thinly-veiled swipe at local rivals Ipswich Town, Smith said it would be unwise to reveal their financial hand while in the midst of transfer negotiations.

BBC: Smith hints at Norwich investment