Toys 'R' Us 'unaffected' by financial woes
By Wang Zhuoqiong | China Daily | Updated: 2017-09-20 07:02
Leading US toy retailer Toys 'R' Us Inc's joint venture in China will be unaffected by the company's financial restructuring in the United States, said its Asia president on Tuesday.
Toys 'R' Us (Asia) Ltd is a joint venture 85 percent owned by Toys 'R' Us Inc and 15 percent by Fung Retailing Ltd.
Andre Javes, president of Toys 'R' Us Asia Ltd, said the company is open for business and continuing to serve its customers.
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