[lbo-talk] Wal-Mart says China sales growth at over 25 percent

[uvj at vsnl.com]

Wal-Mart says China sales growth at over 25 percent
http://www.reuters.com/article/ousivMolt/idUSTRE49K2CK20081021

Tue Oct 21, 2008

BEIJING (Reuters) - Wal-Mart Stores Inc (WMT.N: Quote, Profile, Research,
Stock Buzz), the world's largest retailer, has achieved annual sales growth
in China of at least 25 percent and this strong growth will continue, a
company executive said on Tuesday.

"If you look at the past history of Wal-Mart growth here, it's very like 25,
30 plus percent a year," Shawn Gray, vice president of China operations,
told reporters in Beijing.
http://www.reuters.com/article/ousivMolt/idUSTRE49K2CK20081021