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Bloomberg reports that Walmart “makes $16 billion in annual sales in Japan, China and India, said Scott Price, chief executive officer for Asia.” That breaks down to $8 billion in Japan, $7.5 billion in China, and the balance from India.
KC's View:
If the regulations in India change, and Walmart is allowed to operate independently there as opposed to having to partner with local companies, you know that there is only going to be growth there, making Walmart’s global power even more impressive.