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612-822-4611
Walmart in China

Walmart in China

Paperback

Business GeneralManagement

ISBN10: 080147731X
ISBN13: 9780801477317
Publisher: Cornell Univ Pr
Published: Nov 15 2011
Pages: 304
Weight: 0.91
Height: 0.80 Width: 6.31 Depth: 9.00
Language: English

Walmart and Made in China are practically synonymous; Walmart imports some 70 percent of its merchandise from China. Walmart is now also rapidly becoming a major retail presence there, with close to two hundred Walmarts in more than a hundred Chinese cities. What happens when the world's biggest retailer and the world's biggest country do business with each other? In this book, a group of thirteen experts from several disciplines examine the symbiotic but strained relationship between these giants. The book shows how Walmart began cutting costs by bypassing its American suppliers and sourcing directly from Asia and how Walmart's sheer size has trumped all other multinationals in squeezing procurement prices and, as a by-product, driving down Chinese workers' wages.

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