Wal-Mart’s future in China is no longer quite so bright. Labor disputes will continue to erupt
Wal-Mart’s future in China is no longer quite so bright. Labor disputes will continue to erupt as workers become increasingly dissatisfied. In China, recent scandals from being caught selling meat from diseased pigs to price fixing to charges of bribery have undermined Wal-Mart’s reputation among the rising middle class as a safe and reputable retailer. And recently, there have been reports that the company plans on closing 100 of its underperforming China stores, even as Wal-Mart officials continue to state publicly that they still plan on expanding in the country, albeit more slowly than originally planned.Wang says he still respects the values of the company, but he asks, “The company’s policy of respecting people is very clear, but this so-called respect, how are they embodying it? What does it even mean?” And he has a clear message and warning for Wal-Mart: “What you’re doing, you’re playing with fire.”More on workers vs. Walmart in China from The American Prospect. -- source link
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