However, Wal-Mart is having some troubles in China with its local strategies (Read: Wal-Mart Struggles With Local Strategy In China).
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Even if any of the major retailers coming to India want to have a vendor network a quarter of the size of Wal-Mart in China, that alone will involve significant automation.
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Chinese billionaires with A-share companies include Liang Wengen of Sany Heavy Industry, a key rival of Caterpillar in China, and Zhang Jindong, the chairman of Suning Commercial, a self-styled Amazon and Wal-Mart of China.
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Several years ago, some Wal-Mart stores in China set up a children's camp for summer and winter school breaks.
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"If Wal-Mart goes to China to buy goods, it goes to Africa to sell goods, and that's a problem, " says Mkandawire, who is the former director of the United Nations Research Institute for Social Development.
The move would more than double the number of stores Wal-Mart already has in China, which is now 73.
The growth in container traffic in the 1990s powered America's booming economy as retailers such as Wal-Mart bought goods from China and manufacturers such as Dell sourced parts from Asia for assembly in America.
Chinese companies got their first taste of the U.S. market two decades ago, when it seemed as if half of the items in the local Wal-Mart were made in China, often for U.S. brands.
Wal-Mart now consumes 10% of China's exports to the U.S. and 1% of China's GDP.
Wal-Mart Stores (WMT) entered China in 1996 and has billions of sales there.
While Russia may be up in the air, Wal-Mart confirmed its increased investment in China this past weekend.
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Major U.S. chains such as Wal-Mart stock extensively with imports from China.
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Yihaodian, Wal-Mart's online arm in China, is working with local public-security officials to investigate the breach, a spokeswoman for the Shanghai-based company said Monday.
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In China, Wal-Mart has nearly doubled in size in three years.
Today's business news starts with Wal-Mart's latest move in China.
Could these Wal-Mart foreign subsidiaries include those in China?
It could also put Wal-Mart ahead of its main rival in China, French retailer Carrefour.
As much as the products in the aisles at Wal-Mart, this recession was made in China.
Wal-Mart is banning all staff from visiting China, Hong Kong, Singapore, Vietnam and even Toronto, where cases have been reported.
Tesco, France's Carrefour and Germany's Metro are all aggressively expanding in China, while Wal-Mart plans to hire 150, 000 staff there over the next five years.
The video is dull and grainy, but it shows real-life drama: A comeuppance for David Ji, an entrepreneur who built a billion-dollar business importing dirt-cheap DVD players from a booming China, where he was born, and selling them at Wal-Mart and Circuit City stores in the U.S., his adopted home for two decades.
The video is dull and grainy, but it shows real-life drama: A comeuppance for David Ji, a celebrated U.S.-bred entrepreneur who built a billion-dollar business importing dirt-cheap DVD players from a booming China, where he was born, and selling them at Wal-Mart and Circuit City stores in the U.S., his adopted home for two decades.
Meanwhile, Wal-Mart has also announced that it is having a China rethink, admitting it had made mistakes in its haste to expand and saying that it has cut by one-half the amount of new square footage that it will add in the country.
Wal-Mart also acquired a 51% stake in Yihaodian, a China e-commerce retailer, to improve its online sales in the region.
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Li Binlan chairs A. Best, a department store and supermarket chain based in Shenzhen with more than 100 locations around China that competes with the likes of Wal-Mart.
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Of these, Brazil, Mexico and China still remain the key international markets for Wal-Mart.
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While Carrefour failed in America and Wal-Mart is struggling in Germany, both companies are doing well in China.
Rising labor costs in China might also put pressure on the discounts that Wal-Mart gets from its vendors.
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