Tesco making right move in China

The major world retailers have had a bad time in China which has a different retail world. Tesco has announced its plan to invest in a joint partnership with a local firm and I think that is a wise decision as the market in China is quite different. The revamp of the Tesco brand continues with the company breaking out into restaurants and turning their super stores into family gathering points. This is a company with solid share prices and excellent dividends and much to recommend it as a substantial part of a portfolio.