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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Webster Groves who wrote (72837)12/26/2007 3:10:54 PM
From: RealMuLan  Read Replies (2) | Respond to of 116555
 
If you think Walmarts order is good for Chinese economy, you are WRONG! More and more Chinese companies refuse to take more orders from Walmarts. Simply because they cannot make ANY money by making product for Walmarts, and many of them end up losing money!

All one needs to do is to take a look at manufacturers for goods sold in Walmarts, one can tell very easily less and less are made in China.