Aldi wants to stay in China

Four years ago this week, Aldi created an online presence in the People's Republic. In June 2019, Germany's most profitable food discounter opened the first of now 15 stores in Shanghai.But a lot has happened in the world since then. Covid has hit retailers particularly hard, while international relations between China and the West have soured.Country manager Christoph Schwaiger insists, however, that "our focus remains on building a long-term presence in China". While watching political developments "closely", he sees "no direct effects at an operations level on our business activities".The privately-owned company has underlined this international commitment to a vast market, which returned to record economic growth in the first quarter, by sharing some photos of its latest stores:
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