What are the market and non-market factors that pushed TESCO out of China after a decade of business operations in East Asia?
The outline please give me in 3days. thanks
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I would like to talk about the reasons why Tesco quit Chinese market for some external and internal factors.
The reasons might including the loss of 3 or 4 lines of urban cities by
the increasing competitors such as Wal-mart, 1st shop (online shop) and the drawbacks of exploiting commercial real estate, for instance, the high land price, tight liquidity, long-term return of investment and lack of experience.
On the other side, the gradually disappearing advantages of
preferential policy for foreigh company lead to insuffient consume power
and the growing needs of delicacy management.
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