Saturday, November 27, 2004

Wal-Mart Unions in China

How about this? Wal-Mart is allowing unions in their stores in China because of competition according to a radio report I heard. This is big news. Other articles indicate Wal-Mart acted because of pressure from the press or authorities.

Another indication that China is superpower. Maybe the next superpower. Or maybe the economic superpower. (Note: oil price rise was first indicator for me.)

1 comment:

MsMo said...

I don't understand the connection between oil price increases and China being the economic superpower. Please elaborate.