Wal-Mart: Are You A Member Of The Communist Party? (WMT)
It is not enough that Chinese unions set up shop at Wal-Mart stores in the Asian country. Now the Communist Party has set up a branch for Wal-Mart employess. It is hard to say what the Party’s plans are for…
It is not enough that Chinese unions set up shop at Wal-Mart stores in the Asian country. Now the Communist Party has set up a branch for Wal-Mart employess.
It is hard to say what the Party’s plans are for its relationship with Wal-Mart, but as state-owned businesses have cut employees, the organization has found its membership falling.
Perhaps the move is benign, but if so, why would the Party bother at all.
Wal-Mart has enough problems in the US, and having the communists running around its stores in China is not exactly good news.
Douglas A. McIntyre can be reached at [email protected]. He does not own securities in companies that he writes about.
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
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