Wal-Mart to hire 150,000 Chinese

[acmejack]

Wal-Mart plans to hire an extra 150,000 staff in China over the next five years as it boosts its presence in the fast-growing retail market.

The US firm - the world's largest retailer - currently has 56 stores in China and plans to open a further 20 over the next year.

It plans to establish a university degree to help new staff acquire skills in food preparation and finance.

The world's largest retailers are all looking to expand in China.

http://news.bbc.co.uk/2/hi/business/4824786.stm

[AllegroRondo]

1. Well, if the stores are in China, that makes sense.

[Mithras61]

2. I guess they couldn't get Indians...

to move there to staff the stores, huh? :D

Makes you wonder who'll clean the stores. Here in the US, Wlmart hires illegal aliens and does stuff like loke 'em in at night to clean the store. Who'll they hire in China, state prisoners?

[redqueen]

4. They don't have a minimum wage there, do they?

So they can probably pay most workers less than enough to survive and not have to resort to hiring illegals.

[Mithras61]

8. Hmmm.... no minimum wage there is a good question...

I wouldn't know how to check that, but you may be right...

They could offer people the right to sleep in the store, or charge them some rent for providing them shelter, and discount it if they clean the store... :D

[Wise Doubter]

13. China uses a monthly or hourly system for wages.

http://www.chinalaborwatch.org/en/web/article.php?article_id=50265

currency converter
http://www.xe.com/ucc/
690 yuan = about $85.00 USD

[Mithras61]

21. That citation is for the city of Shenzen...

and is not nationwide. It also implies that the minimum wage practice is not nationwide (... in 1992 Shenzhen became the first city in China to implement a minimum wage standard). Is there a nationwide minimum there now?

[Wise Doubter]

22. Oh, what do I know about Hockey ??!

[superconnected]

3. a degree to aquire skills in food pred and finance?

perhaps this corporate welfare giant who doesn't like paying taxes for schools, wants to offer financial degrees, with core classes on how to survive on minimum wage by working at Walmat and taking a second job at taco bell.

[951-Riverside]

5. I hear they're unionized in China

[judaspriestess]

6. maybe walmart

will relocate illegal aliens from here, so they don't take those menial jobs from the americans that are just lining up to take them....:sarcasm:

[Untermonkey]

7. Soooo...lemme get this straight...

...Wal-Mart is hiring Chinese people to work in it's stores in China. Ok, why is this news?

[AllegroRondo]

10. I think the news is the number

this makes them one of the largest employers in China.

[Untermonkey]

20. I think the largest employer in China is the prison system.

They're the laogai that make so many of the goods that Wal-Mart sells.

[tanyev]

19. Proof that the Bush administration is creating jobs?

[APPLE314]

9. MAYBE THEY'LL LET US MANAGE THEIR PORTS. - N/T

[the other one]

11. We are doomed.

The Chinese have been lending us money to buy cheap chinese goods. Sooner or later they will decide to lend their own people money and let them use it to buy their own products. They won't need us anymore.

[shadowknows69]

14. comin around

n/t

[donkeyotay]

17. The consumer engine of global growth has been out sourced

With the rise of consumers overseas, the American Consumer, center of the universe, will become unnecessary. We've got no voice, no representation, and soon no money. Welcome to the 3rd world. It's our turn.

[napi21]

12. Let them grow their Co. on China! Maybe it will be So successful

they'll get the hell out of the US and just be a Chinese Co!

Sounds good to me!

[pinniped]

15. Their HQ should move to there.

The rent is likely to be cheaper.

[onehandle]

16. Oh, pretty please.

How can we help our Communist Masters in China?

In a generation, China will be the richest superpower and we'll provide the slave labor.

[ConcernedCanuk]

18. Wal-Mart, a global power of it's own as capitalism stalks the planet

.
.
.

We have a Wal-Mart in North Bay Ontario, a city of around 50,000

They opened up about a decade ago

Local businesses started failing soon after, unable to compete with Wal-Mart's prices and selection of products.

Family businesses are no longer, the "personal" touch in shopping in all the specialty shops is disappearing

Our farms went the same way,

Very few family farms now that used to grow, and raised everything they needed, and selling their excess for cash to buy what they couldn't grow

A sad change I think

Relying or corporations to provide our needs