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Aug24
Capitalist Wal-Mart Meets Communist China

Wal-Mart Stores Inc. (WMT) has fought efforts to form unions in its worldwide operations since its beginning but in recent weeks it has agreed to work with the state-sanctioned labor federation to allow unions in its China outlets, with its 30,000 employees.

According to this MSNBC.com article, earlier this month, a party branch, a Communist Youth League branch and a trade union were set up at a Wal-Mart outlet in China’s northeastern rust belt city of Shenyang, a staffer in the store’s communications department said Thursday, confirming Chinese media reports.

Wal-Mart has 60 stores in 30 Chinese cities and held out against unions for two years before employees successfully voted to set up a union in late July.

Since July, employees of at least 16 other Wal-Marts in China also have formed unions, according to the ACFTU, the umbrella group for unions permitted by the communist government. Overall, China aims to unionize employees at 60 percent of its foreign companies by this year.

Know More about business in China at ZhongHuaRising.com.


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