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As China embraces membership stores, Sam's Club expansion gathers pace

Instead, she opts to drive a two-hour round-trip to a branch of Walmart-owned U.S. warehouse chain Sam's Club, where she spends at least 2,000 yuan ($276.39) each time stocking up on goods ranging from Japan's Ippudo instant noodles to cheesecakes. While long a phenomenon in the United States, Chinese shoppers are just starting to fall in love with membership club warehouses such as Sam's Club and Costco, spurring their expansion and the emergence of local rivals. There are now ...
United States Brenda Goh Sophie Yu Bain Deng Alibaba Freshippo Judith Mckenna
Source: yahoo.com

This aerial photo taken on July 20, 2023 shows an outdoor historical relics park in Chengdu, capital of southwest Chinas Sichuan Province. An outdoor historical relics park opened a new area to public on Thursday in Chengdu. The relics park is located in the core area of the old city of Chengdu. Since 2013, archaeologists have discovered a large area of ancient city remains from Donghuamen Street to Chengdu Sports Center in Qingyang District of Chengdu, with an excavated area of about 49,000 squ...
South Korea Xinhua Shen Bohan Chengdu Sports Center Donghuamen Street Qingyang District Warring States Period
Source: en.gmw.cn

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This aerial photo taken on July 20, 2023 shows an outdoor historical relics park in Chengdu, capital of southwest Chinas Sichuan Province. An outdoor historical relics park opened a new area to public on Thursday in Chengdu. The relics park is located in the core area of the old city of Chengdu. Since 2013, archaeologists have discovered a large area of ancient city remains from Donghuamen Street to Chengdu Sports Center in Qingyang District of Chengdu, with an excavated area of about 49,000 squ...
South Korea Xinhua Shen Bohan Chengdu Sports Center Donghuamen Street Qingyang District Warring States Period
Source: en.gmw.cn

australia: Australia blocks acquisition of lithium mine by China-linked firm

Australia has barred the takeover of financially stricken lithium miner Alita Resources Ltd by a China-linked company after advice from Australias Foreign Investment Review Board, a spokesperson for Treasurer Jim Chalmers said on Friday. Chalmers issued a prohibition order stopping Austroid Corporation from acquiring an additional 90.10% of lithium miner Alita Resources, which would bring its stake to 100%. Austroid Australia, the local subsidiary of the U.S. based Austroid, is also barred from ...
Bald Hill New South Wales Cayman Islands United States Penny Wong Jim Chalmers

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