Costco, America's largest wholesale membership club, opened its first physical store in China on Tuesday in Shanghai's Minhang District. China is a huge yet also complex market. Many foreign supermarkets have entered China, but some have retreated due to their tough times in making profits. An expert shares his view with CGTN on why American retailer Costco entered the Chinese market amid China-U.S. trade dispute and other foreign retailers withdrew.
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