Sainsbury ponders expansion in China

J SAINSBURY has sent a team to China to decide whether the supermarket group can begin a war on a new front with its arch-rival Tesco.

Senior executives met with officials from China’s Ministry of Commerce when they visited London this week.

Darren Shapland was moved from finance director to a business development role at Sainsbury in June, charged with looking at possible overseas expansion, among other moves.

A Sainsbury spokesman told City A.M. the company’s position had not changed since June, when it said it would conduct fact-finding missions overseas, but that it had no short or medium term aspirations to open stores there.

Tesco has plans to invest £2bn in Chinese mall stores over the next five years.