China is Booming -- Wal-Mart Expanding There for Growth

Wal-Mart just announced plans to quintuple its China store hirings over the next five years as it prepares to gear up for a massive retail store expansion there.   I previously blogged on China's booming retail market in a post titled, "China is Booming, Go There for Growth, Part III, Retail Works Just Fine," and again in a post entitled, China is Booming -- Timberland is Going There for Growth. 

Because Wal-Mart already purchases so much of its retail product from China, one might even view their retail push as vertical integration.  Unlike in the United States, where Wal-Mart often comes under fire from labor groups, it has an excellent reputation as a place to work in China, particularly in terms of being a good place to start at the bottom and rise up.