ADSupport UsThinking About ChinaOpinion0Shoppers step out of a Carrefour store in Beijing on Jan. 27, 2011. Frederic J. Brown/AFP/Getty ImagesXiao Yi10/30/2025|Updated: 10/30/20250:00CommentaryThis year marked a symbolic end to Carrefour’s three-decade presence in China.Xiao YiAuthorXiao Yi is a China affairs commentator and finance expert with three decades of experience, having worked in China, South Korea, Thailand, and other Southeast Asian nations. He is currently based in London.Author’s Selected ArticlesThe Collapse of China’s Luxury Watch Market Points to Shrinking Middle ClassOct 01, 2025From Promise to Collapse: How China’s Community Canteens Exposed the Flaws of the State-Led ModelSep 29, 2025Road Tests Uncover the Reality of China’s Smart Driving HypeAug 13, 2025Shupai Yigou Collapse: A Ponzi Scam That Exposed China’s Deeper Fault LinesAug 11, 2025Add to My ListSave
The Rise, Fall, and Demise of Carrefour China
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