Carrefour to exit China by selling 80% stake in Chinese ops to Suning.com

A Carrefour logo seen on display at a Carrefour SA supermarket in Paris, France. Photographer: ANTOINE ANTONIOL/Bloomberg

Carrefour , Europe’s largest retailer, took a decisive step on Sunday toward a full exit of the Chinese market by selling a majority stake of its activities in the country to Suning.com

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