Massive Lines at Costco's China Opening Amid Trade War

The video discusses Costco's initial success in China, highlighting the high demand despite a slowing economy. It contrasts this with the struggles of other Western retailers. Costco's strategy, including its online presence and brand recognition, is examined. The video also touches on the geopolitical implications of Costco's success, suggesting that it challenges the notion of decoupling the US and China economies.

What was the public's reaction to Costco's opening in China?

• Confusion

• Disappointment

• Wild enthusiasm

• Indifference

What challenge do Western retailers face in China?

• Lack of brand recognition

• Limited product variety

• Strong local competition

• High import taxes

How has Costco been able to maintain some momentum in China?

• By partnering with local stores

• Through e-commerce and brand recognition

• By reducing prices

• By offering exclusive memberships

What does Costco's success in China suggest about the US-China economic relationship?

• It is easy to separate the two economies

• American companies are not interested in China

• There is a strong interdependence

• China is closing its market to the US

What does the Global Times editorial suggest about American corporations in China?

• They cannot resist the Chinese market

• They are unaffected by trade wars

• They are struggling to survive

• They are planning to exit