Cosco opens today in Shanghai.
Here is a related article, with one piece that i found interesting:
https://www.scmp.com/news/china/society/article/3024270/costco-hopes-succeed-where-other-foreign-retail-giants-failed
While he is upbeat, Zhang says he has concerns over the impact of a bruising US-China trade war and tariffs, with about 50 per cent of their products coming from overseas.“In order to keep our prices low, we’ve replaced some US importers of fresh produce with Australian importers,” Zhang said.
This could be good news for us. It might be evidence that they intend to keep buying Australian produce, including FODs juices. whome which they already have a relationship with.
Hopefully we receive further orders in the next few weeks.
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