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Title: Wal-Mart in China : will the regulatory system ensnare the American Leviathan?
Authors: Williams, M
Issue Date: 2007
Publisher: Connecticut Law Review Association
Source: Connecticut law review, 2007, v. 39, no. 4, p. 1361-1381 How to cite?
Journal: Connecticut law review 
Abstract: Wal-Mart's future growth is predicated upon investment in overseas markets, particularly in developing nations that have a weak retail infrastructure. India and China together represent the two largest and fastest growing retail markets in the world. Wal-Mart's ambitions depend crucially on these two country's appetite for the American-style big-box retail format that is heavily reliant on the weekly one-stop shopping expedition in the family automobile coupled with adequate refrigeration and storage facilities. These implicit assumptions are questionable as a business model in the light of Wal-Mart's failure in adjacent Asian markets, the particular cultural predilections of the local populations and the increasing wariness of Chinese politicians of the effects of unfettered competition on locally-owned retail chains. Rising economic nationalism and a set of new regulatory fetters in the shape of zoning restrictions and a new antitrust law may well serve to ensnare and possibly humble the American Leviathan that is Wal-Mart.
ISSN: 0010-6151
EISSN: 1930-9813
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