Running Head: Report Management across borders Topic 1 Contents Executive Summary 2 Introduction 3 Internationalization strategy in Asian market 5 Challenges faced while expanding in the Asian market 10 Conclusion 12 References 13 Executive Summary Carrefour is one of the leading French retail store with a global presence. The company opened its first foreign store in the year 1969 in Belgium and internationalize its business for the first time in Taiwan, Asia in the year 1989 and further expanded its presence in China and other Asian locations.