France's Carrefour Feels China's Ire

The world's No. 2 retailer is facing a boycott because of pro-Tibet protests in Paris and President Sarkozy's threat to shun Olympic ceremonies
Chinese police outside a branch of the Carrefour supermarket on April 20, 2008. Fresh protests broke out across China in reaction to Western media coverage of Tibet and rising anti-China sentiment in the West ahead of the August Olympics. MARK RALSTON/AFP/Getty Images

In a new signal of its status as a global economic power, China now appears ready to use market muscle to retaliate against critics of its policies. If it does, the first casualties could be French businesses.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.