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Topic: Business
Number of pages / Number of words: 3 / 584
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The most distinct markets in China include wealthier consumers in the major cities demanding luxury goods, and the less wealthy consumers in smaller towns and rural markets with low incomes who are only focused on basic necessities. Although China maintains strong control over its financial institutions, there are limitations to foreign financing activities...


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Because China has complex government structures, interpretation and enforcements in laws may vary which is why Wal-Mart had to become familiar with the Chinese procedures for conducting business if it was to have a successful store in China.

Whether operating in domestic or global markets, Wal-Mart has social and ethical responsibilities to its consumers...


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