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More Than 70% of the Commodities Sold in Wal-Mart are made in China

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Broadslidin Donating Member (949 posts) Send PM | Profile | Ignore Wed Dec-01-04 07:26 PM
Original message
More Than 70% of the Commodities Sold in Wal-Mart are made in China
Edited on Wed Dec-01-04 07:59 PM by Broadslidin
From the China Daily (business section) 11/29/2004

Article entitled:
Wal-Mart's China Inventory to Hit $18 Billion(US) This Year

Paragraph #18
"So far, more than 70 percent of the commodities sold in Wal-Mart
are made in China."

And Wal-Mart and their Communist China Business Associates
know exactly who their 'Former Good Jobs' customers are:
paragraph #21
"In the United States, poor people find it possible
to afford cheap "Made In China" products
for their daily necessities."

http://www.chinadaily.com.cn/english/doc/2004-11/29/con...
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Jack_DeLeon Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-01-04 07:34 PM
Response to Original message
1. Lenin's quote updated for the 21st century...
We will manufacture the rope for pennies, and the capitalists will buy our rope and sell it at walmart.
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DrWeird Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-01-04 07:38 PM
Response to Original message
2. While the other 30%...
is handmade by illegal mexican immigrants.
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zoeb Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-01-04 07:43 PM
Response to Original message
3. That's why they gave up their
"made in America" slogan...
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-01-04 07:54 PM
Response to Original message
4. That's nothing new, at least 70% of the products sold by. . .
. . . The Disney Company at their Disney Stores and Theme parks are from China. Virtually all of the model trains by the popular name companies (Lionel, MTH, K-Line, Williams, etc) are made in China. Most of our manufactured consumer hard appliances are Chinese made. Toys, clothing anything that has to do with labor intensive machine made items are made in China. Check the labels.

Big ticket items like consumer electronics, large durable appliances (washers, dryers, etc) are coming from the far east including Japan, South Korea, Taiwan.

The U.S. out-sources to these countries because: a) cheap plentiful labor, b) far less environmental regulations, c) far less labor protection and safety considerations, d) our government policies and tax codes have encouraged the movement of this type of manufacturing abroad because U.S. firms collect royalties on the millions of product and process patients given to these countries.

I wonder what these growing economies will look to America for?
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Broadslidin Donating Member (949 posts) Send PM | Profile | Ignore Wed Dec-01-04 09:25 PM
Response to Reply #4
5. As Reported by 'Frontline' in November, 2004........
Communist China buys only two commodities from the U.S.

These are scrap steel and scrap paper/cardboard,
accounting for the grand total of $3 billion
in U.S. exports to China last year.
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Sara Beverley Donating Member (989 posts) Send PM | Profile | Ignore Wed Dec-01-04 10:33 PM
Response to Original message
6. We can deal with the biggest communist nation on earth but not Cuba?
This simiply amazes me.
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Nordic Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-02-04 01:09 AM
Response to Original message
7. that's all? I figured it was more like 95%
coupla years ago I finally ventured into a WalMart, in Mississippi, no less. thought I'd check it out, why not?

I started picking up things and seeing where they were made and I'll be damned if I couldn't find ONE THING that wasn't made in China.

Haven't stepped back in one since.
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DeepModem Mom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-02-04 02:31 AM
Response to Original message
8. kick
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Bozita Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-02-04 02:53 AM
Response to Original message
9. Walmart's purchasing dept HQ is in China, IIRC
I re-read the article at that time too.

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