date:Jul 17, 2013
a remains an ideal destination for retail business expansion. We will concentrate on building the right business model and finding the right market position for sustainable growth, Chen said.
After entering China in 2004, the chain established its property business in the nation in 2008.
Last year, Tesco closed four stores in China as it sought to focus on what company sources called strategically important areas.
A boom in e-commerce, coupled with a slowing economy, has made retail, characte