June 16, 2024

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

Qilal Shen | Bloomberg | Getty Photos

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