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Reuters reports that Walmart "plans to open 100 more stores in China and create 18,000 jobs there over the next three years ... in a bid to boost its presence in China's booming but highly competitive hypermarket sector."

Walmart currently has 370 stores and over 100,000 employees in China. According to recent reports, it is facing not just competition from the likes of Tesco and Carrefour, but also local retailing companies that have proven perhaps more adept than expected at competing with the global players.

Economic Times reports that in India, "Bharti Enterprises is in talks with its US partner Wal-Mart for rolling out front-end stores after the relaxation of FDI norms in retail and it wants the government to remove the differentiation in sourcing rules between single and multi-brand segments ... The two companies have an equal partnership in wholesale business and the Indian partner is hopeful of replicating it in the retail business, following government's decision to allow up to 51 per cent FDI in multi--brand retail."
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