Tesco opens 1st outlet in Beijing

(Reuters)
Updated: 2007-01-27 15:44

 

Customers shop at a newly opened Tesco supermarket in Beijing January 26, 2007. Despite several high profile emerging-market exits by Wal-Mart Stores Inc, Ahold NV, and Carrefour, retailers will continue moving into developing nations such as India and China, a market research firm predicted, China Daily reported. [Reuters]