The Traderszone Network

Published in TZ Latest News 11 December, 2014 by The TZ Newswire Staff

How Wal-Mart Fabricated And Lied About Its "Strong" Chinese Sales For Years

For many, if not most, companies and especially retailers, the great wildcard that is the “massive” Chinese market with the potential of hundreds of millions of buyers in the country’s nascent middle class, has been a slam dunk when it comes to boosting stock prices. After all, what can go wrong? America’s largest retailer was one of those hoping to capitalize on just this shareholder euphoria for Chinese exposure, and just like everyone else, it milked its Chinese exposure for many years.

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