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To: jpsb
I posted a link to walmarts Chicom operations yesterday which clearly stated that over 70 percent of the community goods (textiles, household appliances, etc) that walmarts sells are manufactured in China.

I scrolled through your posting history and couldn't find it, can you post it again, or direct me to the spot?

121 posted on 03/05/2005 4:46:43 AM PST by 1rudeboy
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To: 1rudeboy; jpsb
Wal-Mart's China inventory to hit US$18b this year Last Updated(Beijing Time):2004-11-29 15:35

The world's largest retailer, Wal-Mart Stores Inc, says its inventory of stock produced in China is expected to hit US$18 billion this year, keeping the annual growth rate of over 20 per cent consistent over two years...snip....

Last year, the firm bought US$15 billion products from China, half from direct purchasing, the other from the firm's suppliers in China. ....snip.....

Xu declined to comment if the anti-dumpling measures of the US Department of Commerce have impacted the firm's procurement of textile commodities and household appliances in China, saying again that China is an important sourcing base for the firm.

So far, more than 70 per cent of the commodities sold in Wal-Mart are made in China......

Source:China Daily

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China Daily

Hmmmmm.... jspb said "I posted a link to walmarts Chicom operations yesterday which clearly stated that over 70 percent of the community goods (textiles, household appliances, etc) that walmarts sells are manufactured in China."

That's not what the article says. Is he making stuff up again?

123 posted on 03/05/2005 7:50:59 AM PST by Toddsterpatriot (Protectionism is economic ignorance!)
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