Quote:
Originally Posted by kach22i
Sure cost in China are rising, the writing is on the wall.
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That's the nugget right there. Walmart is heavily invested and locked into in a country with rising costs. As this progresses, room is created for a competitor in a lower cost country. Sad, but there's always room at the bottom.
This will encourage walmart to innovate on other fronts, such as the logistics side. This advantage too can be copied, and will provide some positive spill over domestically.