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China Letter-News and Human Rights

China human rights news with focus on the Uygur of Xinjiang, Tibetans and Tibet, Chinese mining workers, religion, corruption and censorship.

Thursday, March 11, 2004

Globalisation #1


IHT: Commentary: Building a Great Wal-Mart with cheap yuan:

Foreign Investment China"The $15 billion that Wal-Mart alone spent last year in China accounted for the equivalent of more than 1 percent of the country's gross domestic product. If Wal-Mart were a country, it would be China's eighth-biggest trading partner, ahead of Russia and the United Kingdom."

Can you believe those figures?

No wonder no-one is willing to take the economic stick to China over it's Human Rights record, too many dollars involved!