Video: Hyper Supermarket Competition in China
This Reuters video is only partly right because it was shot in Shanghai where RT Mart reins supreme but has no presence in Beijing where Carrefour, Walmart, Metro and an assortment of Chinese chains like WuMart, BHG, Chaoshifa, Jingkelong, just to name a few, fight it out. But, let’s not forget that most Chinese, especially lower income groups and the elderly, still shop at convenient local farmer’s markets where meat, produce, and fruit is considerably cheaper than in the supermarkets.