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Source: Far Eastern Economic Review Edited: Ac. Krtashivananda Wal-Mart Stores Inc., headquartered in rural Bentonville, Arkansas (population 29,000), is the world’s largest corporation, with annual revenues approaching the $350 billion range. Wal-Mart’s revenues are larger than the combined GDPs of Hong Kong and Malaysia. Wal-Mart imported about $27 billion in merchandise from China last year—about the same as did Singapore. What began 45 years ago when hillbilly entrepreneur Sam Walton launched a no-frills mom-and-pop discount … Continue reading
