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What percent of Wal-mart's goods come from China? Anyone have a link

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donheld Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-14-05 01:26 AM
Original message
What percent of Wal-mart's goods come from China? Anyone have a link
I need to find out what percent of the products Wal-Mart sells come from China. Does anyone have any resources that show such statistics.
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proud2BlibKansan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-14-05 01:28 AM
Response to Original message
1. I would be willing to bet
WalMart keeps that info locked up tight.
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Nabia2004 Donating Member (566 posts) Send PM | Profile | Ignore Mon Nov-14-05 01:37 AM
Response to Original message
2. PBS stated 90 percent
I seem to remember the PBS documentary on Walmart claimed 90 percent. Try their web site.
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Canuckistanian Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-14-05 01:48 AM
Response to Reply #2
3. PBS's or Walmart's?
Just kidding.
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donheld Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-14-05 02:02 AM
Response to Reply #2
5. I had a "good democrat" tell me it's less than 10%
I just know that's bullshit. PBS does seem to have some good info here. Thanks.
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levitating_dog Donating Member (7 posts) Send PM | Profile | Ignore Mon Nov-14-05 02:02 AM
Response to Original message
4. Here's some info...
http://www.wakeupwalmart.com/facts/#china

Wal-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/
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donheld Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-14-05 02:09 AM
Response to Reply #4
6. Welcome to DU Levitatingdog
:hi: that "wakeup wal-mart" is great thanks for the tip.
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newyawker99 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-14-05 09:25 AM
Response to Reply #4
7. Hi levitating_dog!!
Welcome to DU!! :toast:
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AllegroRondo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-14-05 11:02 AM
Response to Reply #4
10. I've heard 25% of China's exports are sold through Wal-Mart
where did I put that link.......
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donheld Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-14-05 06:41 PM
Response to Reply #10
11. Where did you put it?
:shrug:
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donheld Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-15-05 12:38 AM
Response to Reply #4
12. The answer
http://www.pbs.org/wgbh/pages/frontline/shows/walmart/interviews/bonacich.html

1/2 way down the page

And when you study the logistics ... does China play a big role when you're watching the logistics of Wal-Mart?

Absolutely. China is a major source of production. There are people who say that all of manufacturing may end up in China, and it's moving there rapidly. I believe the figure is now 60 percent of the goods that are brought in from Asia are now coming in from China.

And I'd like to point out that one of the major revolutions is going on at the ports. The ports of Los Angeles and Long Beach represent the gateway to Asian production, and they're growing at a tremendous speed. Something like 10 percent a year of goods that are coming in these massive container ships ... bringing these manufactured goods from Asia by the ton load. And they're piled up to the gills, and they're loaded with goods that are going to be sold to the U.S. market by U.S. retailers.
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Ontheinternets Donating Member (38 posts) Send PM | Profile | Ignore Mon Nov-14-05 10:16 AM
Response to Original message
8. We should call wal-mart, "china-mart".
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Ontheinternets Donating Member (38 posts) Send PM | Profile | Ignore Mon Nov-14-05 10:17 AM
Response to Original message
9. We should call wal-mart, "china-mart".
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