35.1 C
Bangkok
Sunday, May 5, 2024

Walmart’s China Dilemma is Every Western Company’s, Too

Walmart’s China Dilemma is Every Western Company’s, Too

If relations — and Chinese consumption — don’t improve, more foreign companies might decide to focus on greener pastures

A Walmart’s Sam’s Club store in Beijing in August.  Bloomberg

Walmart is struggling with a public outcry in China after the country’s netizens accused the company of failing to stock products from China’s Xinjiang region, where the government has imprisoned large numbers of the Turkic Uyghur minority.

On the face of it, this is nothing new: Foreign companies in China have faced periodic boycotts for years. But that fact conceals profound changes in the political and economic environment in China. If they persist, longstanding assumptions about consumer companies’ need to…

Read more…

Latest Articles