With active support from Beijing, Chinese retail is beginning a fragile recovery Asia Boosted by government intervention, retail sales ended up 4.6% in the first quarter ended March 2025 in China (year-on-year).…
China: Legal tussle between Carrefour and Suning over takeover deal Asia Four years after their takeover by Suning.com, there's not much left of Carrefour's former Chinese supermarkets. Although a Hong Kong court ordered Suning to pay Carrefour US$134 million, it is contesting the decision and intends to continue legal action