Tesco turns to local partner in China

Timeline: Tesco’s challenges in China

Tesco made its move to enter China in 2004, buying a stake in local hypermarket operator Hymall. After a challenging…

Best bits: Tesco’s face-saving plan for Chinese business

Nine years after Tesco, with high hopes, entered the Chinese market, the UK retailer is scaling back its presence in…

Comment: Tesco, China Resources JV part of growing trend

Confirmation that Tesco is in joint venture talks with China Resources Enterprise highlights a mounting trend in the FMCG sector.…

CHINA: Tesco, China Resources Enterprise in JV talks

UK retailer Tesco and China Resources Enterprise (CRE) have confirmed they are in exclusive talks to combine their Chinese retail…

UK/CHINA: Tesco “looking for JV partner in China”

Tesco is reportedly looking for a partner in China, a market the UK retail giant has been in for almost…