Shanghai residents sign up for membership of the country’s first Costco outlet. Photo: AFP Shanghai residents sign up for membership of the country’s first Costco outlet. Photo: AFP
Shanghai residents sign up for membership of the country’s first Costco outlet. Photo: AFP
China economy

Costco hopes to succeed where other foreign retail giants failed by opening first Chinese store

  • US-China trade war provides challenging backdrop for company’s attempt to crack market that has proved a step too far for many international chains

Topic |   China economy
Shanghai residents sign up for membership of the country’s first Costco outlet. Photo: AFP Shanghai residents sign up for membership of the country’s first Costco outlet. Photo: AFP
Shanghai residents sign up for membership of the country’s first Costco outlet. Photo: AFP
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