Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

China is good to Wal-Mart

by Tony Sagami on October 20, 2008

in Asian Market, Stock Market in China

Here is what the President of Wal-Mart’s Chinese operations had to say about business.

“If you look at the past history of Wal-Mart growth here, it’s very like 25, 30 plus percent a year. Wal-Mart iscommitted to China, and the growth will continue.”

Wal-Mart is beconing very global.  It has a total of 6,000 stores but about half of them are outside in theU.S. in 13 countries.

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