Wal-Mart is China's 8th largest trading partner

Discussion in 'Politics & Religion' started by Richard England, May 2, 2004.

  1. Isn't that usually reserved for countries? What is wrong with this picture? That's scary when you consider that most of the trading money winds up in the Chinese Military and they just recently announced they were increasing the number of missiles pointed at our west coast from 22 to 10 times that to over 200. Don't they like us? And are we funding our own demise?

    If you go to China you will find an industrial monster that will scare the hell out of you. BTW, it's China's demand for oil now surpassing Japan that is keeping the price of oil up. China has increased it's use of oil by 30% in ONE year! Can you speak Chinese? We better learn.
     
  2. Brandonf

    Brandonf ET Sponsor

    The other thing keeping oil prices high (for the US) is the weak dollar. Its gotten cheaper nearly everywhere else.
     
  3. What does Walmart do with the money they earn and have in reserve from their company?

    I mean, how do they re-invest it to earn profits?

    It must be a sizable amount.

    Does anyone have a clue?