A customer walks past a board showing the direction to a Tesco supermarket in Qingdao. Photo: Reuters A customer walks past a board showing the direction to a Tesco supermarket in Qingdao. Photo: Reuters
A customer walks past a board showing the direction to a Tesco supermarket in Qingdao. Photo: Reuters
Doug Young
Opinion

Opinion

Corporate China by Doug Young

Tesco ditches China shopping cart, Carrefour next?

Tesco's China withdrawal could be followed by a similar retreat by Carrefour and a slowdown in Walmart's expansion due to the challenge from e-commerce.

A customer walks past a board showing the direction to a Tesco supermarket in Qingdao. Photo: Reuters A customer walks past a board showing the direction to a Tesco supermarket in Qingdao. Photo: Reuters
A customer walks past a board showing the direction to a Tesco supermarket in Qingdao. Photo: Reuters
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