June 22, 2024

Customers queue within the parking zone to enter the Costco Wholesale Corp. retailer in Shenzhen, China, on Sunday, Jan. 14, 2024.

Qilal Shen | Bloomberg | Getty Photographs

The world’s second-largest financial system has “superb potential” for Costco enlargement, CFO Wealthy Galanti informed CNBC. Maybe, that’s even an understatement, if the mob scene exterior the latest opening of the primary Costco in Shenzhen is any indication. Six warehouse shops in all of mainland China don’t appear to be wherever near being sufficient.