Tesco sells 20% share in Chinese joint venture for £275m

// Tesco sells 20% share of joint venture in China for £275m
// A joint venture with China Resources Holdings, Gain Land was first established in 2014, with Tesco taking the minority stakeTesco has sold its 20 per cent share of a joint venture in China to a unit of its partner China Resources Holdings (CRH) for £275 million, establishing its exit from the country.
The grocer entered the Gain Land joint venture with CRH in 2014, when it began its retreat from China.
It combined Tesco&