...spoken like the rest of the ignorant people that don't know what drives business... or who does business where!
In case you didn't know, WalMart doesn't make anything. they BUY things to RESELL. They buy from the lowest bidder, so they can offer the lowest price. WalMart buys from Chinese companies, as does EVERY DAMN RETAILER IN THE USA... But WalMart also buys more AMERICAN PRODUCTS than any other retailer in the world.
And, I'd sure bet that the PEOPLE in China appreciate the changes, that their prosperity is bringing to them. IMHO, despite the use of monies by the PRC, the PEOPLE will see the light at the end of the tunnel... It is already causing eyes to be opened , and the spirit of FREEDOM to begin to take shape. Capitalism works.
I don't hear you slapping Loral Space, or IBM! How about RadioShack. They have built more factories, with US money IN CHINA, than almost anyone else.
Have a good year, and be sure and keep that head up where it is... you apparently like the smell!
Can you frickin' READ??? Where the h*ll did I say ANYTHING about Wal-Mart? G-d bless 'em...I hope they make a boatload of money this "holiday" season. I hope EVERYBODY makes a boatload. My point is that buying 'Chinese', regardless of WHERE Americans purchase these products, is going to finance the build-up of the Red China military arsenal, which MAY be used at some point against us. Geez...what else is going on in the 'Pollyannaverse' today?
That is not 100% true. Walmart does buy manufactoring companies and then buy from them. I think they own Durabrand, just to name one.
But,they own or have a high stake in many of the companies that supply them. This keeps thier supply chain stable and gives you another reason to buy their stock.