User profile: l4dybug

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Forums > Living in Kunming > Carrefour Giving Up On China

By your argument, purported entities taking bribes from FDI/joint ventures in the past are now running for cover because of the national dahei campaign....

so shouldn't this impact Carrefour in a positive way considering barriers to entry for foreign supermarket chains remain relatively constant? Though whispers in the grapevine forecast the entry of Costco in Beijing in the foreseeable future.

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Forums > Living in Kunming > Carrefour Giving Up On China

Jan, what are you insinuating? Extortion hongbao fees have become too much for the French?

Carrefour is a listed company. Balance sheet is public and transparent. It comes down to bottom line not hitting targets in China.

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