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Walmart Entrance To China

Essay specific features

 

Issue:

Business

 

Written by:

Merlin Y

 

Date added:

August 3, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 837

 

Was viewed:

7162 times

 

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Essay content:

It already has a presence in Shenzhen, Kunming, Fuzhou, Dalian, Xiamen, Shantou, Dongguan, Harbin, Changchun, Shenyang, Changsha, Beijing, Nanchang, Ji'nan, Qingdao, Tianjin, Nanjing, Nanning, Wuhan, Guiyang and Taiyuan. "In the US, the growth opportunities are limited," explains Joe Hatfield, senior vice-president of Wal-Mart Stores and president and CEO of Wal-Mart Asia, while touring fDi through a Supercenter in Guangdong province...
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But in China, with its 1.3 billion people and 8% gross domestic product (GDP) growth, the business potential appears unlimited. In 2005 alone, the mega retailer celebrated openings in Shanghai, Chongqing, Beijing and Taiyuan. It has been in China since 1996, when it opened its first Supercenter in Luohu district, Shenzhen...
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