Tesco plans three China shopping malls

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    UK-based international supermarket operator Tesco has established a US$100 million joint venture with the HSBC Nan Fung Real Estate Fund to open three…

    UK-based international supermarket operator Tesco has established a US$100 million joint venture with the HSBC Nan Fung Real Estate Fund to open three new shopping malls in China.

    The malls will each feature a Tesco hypermarket as the anchor tenant.

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