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Walmart Revamping Struggling China Operations – WSJ

The retailer’s management has come under pressure from US and Chinese regulators as tensions between the two economic giants have grown


Chinese retailing
Walmart's giant hypermarkets have struggled to keep pace with Chinese retailers. File photo: Reuters

Walmart is revamping its China retailing strategy after having grown slower than competitors, The Wall Street Journal reported.

The US company’s giant hypermarkets have struggled to keep pace with Chinese retailers, and management has come under pressure from US and Chinese regulators as tensions between the two economic giants have grown.

Read the full report: The Wall Street Journal

 

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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