After nine years, Tesco gives up on China

Now watching

Next video starts in : 7 Play

After nine years, Tesco gives up on China

After nine years, Tesco gives up on China
Replay video
Up next

We Tried Out Pinterest Hair Tutorials And This Is What Happened

Unlock your personal NFL Now stream by signing in to NFL.com

After nine years, Tesco gives up on China

by Wochit 0:59 mins

After nine years, Tesco gives up on China

by Wochit 0:59 mins

After nine years in China, British supermarket firm Tesco is to fold its unprofitable operation into a state-run company as a minority partner, becoming the latest foreign retailer to give up on trying to crack China. The price of oil rose above $105 a barrel as positive economic news from China outweighed expectations that the U.S. Federal Reserve would soon start withdrawing its bond-buying program. Herbalife said that China has granted it a license to conduct its direct-selling business in Yunnan province Government data showed Surprisingly strong rebounds in China?s exports and imports in July, after more than two years of slowing growth, although an imminent rebound still looks improbable.

Must Watch

Must Watch

  1. 3:42

    We Tried Out Pinterest Hair Tutorials And This Is What Happened

  2. 1:57

    Are Aliens Sending Us Radio Waves?

  3. 1:32

    Katie Couric's Awesome April Fools' Prank on James Corden

  4. 2:06

    SNL Host Michael Keaton Gets Robbed

  5. 1:13

    Selena Gomez Gave Comedian Advice on Roasting Justin Bieber

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 0:29

    Watch a Sneak Peek of Community Episode 5

  6. 2:01

    Sin City Saints: Official Trailer