Posted on 03/20/2006 11:39:15 AM PST by iPod Shuffle
Wal-Mart to Hire Up to 150,000 in China
2 hours, 5 minutes ago
BENTONVILLE, Ark. - Wal-Mart Stores Inc. plans to hire up to 150,000 employees in China over the next five years, five times its current work force there, as it expands its number of stores, the company said Monday.
Wal-Mart has targeted China, which has long been a major supplier of its products, as a key region for its international store growth. It now has 56 stores in China with about 30,000 employees and plans to open 20 more stores this year.
Wal-Mart spokeswoman Amy Wyatt declined to say how many stores the Bentonville, Ark.-based retailer will add longer term. Wal-Mart generally only makes public projections one year at a time for its new store plans in the U.S. and internationally.
"We could hire as many as 150,000 (new employees) in the next five years," Wyatt said.
The news comes less than a week after Wal-Mart moved to expand in another fast-growing region, Central America, by taking a majority stake in a local retail chain that it first bought into last September. Wal-Mart took over Central American Retail Holding Co., also known as CARHCO, for an undisclosed price.
Wal-Mart shares rose 94 cents, or 2 percent, to $47.63 in morning trading on the New York Stock Exchange. Its shares have traded in a 52-week range of $42.33 ro $51.76.
If Marylanders want to work at a retail establishment in China, more power to them.
It'd be a hell of a commute, though....
Definitely yes! According to Marx the globalization and economic integration into large units is a precondition for the victory of socialism. You can look at a socialist economy as one big all-encompassing corporation like Wal-Mart on steroids.
Lenin also would approve, he would like this Chinese return to his NEP (New Economical Policy, abandoned by Stalin) which was to use Western investors to build up Soviet Union.
>>How does one say in Mandarin 'Welcome to Wal-mart. Would y'all like a cart?'
Huan Yin Lai Wo Er Ma. Nin Xu Yao Tui Che Ma?
Good for Wal-Mart. And good for those people in China who could use jobs! I guess the shipping costs to get products to the store won't be as bad as they are here, huh? ;o)
(Denny Crane: "I Don't Want To Socialize With A Pinko Liberal Democrat Commie. Say What You Like About Republicans. We Stick To Our Convictions. Even When We Know We're Dead Wrong.")
Chinese is not a monosyllabic language.
Proper word partition is:
Huanyin lai Woerma. Nin xuyao tuiche ma?
>>Proper word partition is:
Huanyin lai Woerma. Nin xuyao tuiche ma?
You're doing much better than most native Chinese in terms of Pinyin. Who says Chinese is a difficult language?
Chinese grammar and word order are similar to English, but easier.
Chinese characters are effing hard though....
If only they would romanize.....
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