Thursday, October 26, 2006

That darn Walmart – From TCS here’s “Forget the World Bank, try Walmart”: “With an estimated $23 billion in Chinese exports in 2005 (out of a total of $713 billion in manufacturing exports), Wal-Mart might well be single-handedly responsible for bringing about 38,000 people out of poverty in China each month, about 460,000 per year.” There are many footnotes and even Paul Krugman is cited.

1 comment:

Anonymous said...

What fabulous news!

Start teaching your children how to say "I wish to report a dangerous union organizer" in Mandarin.