http://www.wakeupwalmart.com/facts/#chinaWal-Mart and China
Wal-Mart buys much of its merchandise from China
* Wal-Mart reports that it purchased $18 billion of goods from China in 2004.
* Wal-Mart is responsible for about 1/10th of the U.S. trade deficit with China.
<“U.S. Stock Investors Wary of Analyst `Yuan Plays': Taking Stock, Bloomberg, 7/1/05>
* If Wal-Mart were an individual economy, it would rank as China’s eight-biggest trading partner, ahead of Russia, Australia and Canada.
Many of Wal-Mart's “American Suppliers” actually manufacture most or all of their products in China
* An example of an “American Supplier” is Hasbro. Today, Wal-Mart is the largest purchaser of Hasbro products—accounting for 21 percent of all Hasbro goods or more than $600 million in sales. But Hasbro reports, “We source production of substantially all of our toy products and certain of our game products through unrelated manufacturers in various Far East countries, principally China.” Hasbro specifies that “the substantial majority of our toy products are manufactured in China.” <2004 Hasbro 10-K filed with the SEC>
Wal-Mart's Chinese factory workers are treated poorly
* Workers in China’s Guangdong Province who made toys for Wal-Mart toiled as much as 130 hours per week for wages averaging 16.5 ¢ per hour (below the minimum wage) and no health insurance.
* Striking workers at a factory that supplies Wal-Mart in Shenzhen, China said they had to work 11 hour days, including mandatory 3 hours of overtime. Half of their small wages were deducted to pay for accommodation in company dormitories.
You may find more info here: http://www.pbs.org/wgbh/pages/frontline/shows/walmart/china/