French retail giant Carrefour has denied reports in the Chinese media that it has been ordered to close down its Beijing stores for failing to re-register its business.
Carrefour should have registered its business in China with the State Economic and Trade Commission, in accordance with a direction last November to foreign retailers, but a Carrefour spokesman said it had not received any direction from the regulatory authority on this matter.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Food Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now