Logo 09 Nov 2022

The biggest retailer you’ve never heard of

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Pop quiz: Name this state-run entity that's been around since the 1950s, has well over 100,000 subsidiaries, and earned more revenue in 2021 than other major SOEs, including Sinopec, Sinochem, or State Grid.

Here's a clue: The group has made headlines in recent weeks, as state media has hailed i...