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Description: While some economists credit Wal-Mart's focus on low costs with helping contain U.S. inflation, others charge that the company is the main force driving an overseas shift to China in the production of American consumer goods. [Streaming video available to view the hour-long TV report] (November 01, 2004)

Subcat: https://morefunz.com/society/activism/anti-corporation/?page=2

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Page title:	Is Wal-Mart Good For America? | FRONTLINE | PBS
Keywords:	Wal-Mart, Wal Mart, Sam Walton, Bentonville, retailing, discounters, discounting, outsourcing, chinese trade, foreign trade, trade deficit, shenzhen, manufacturing
Description:	FRONTLINE offers two starkly contrasting images: one of empty storefronts in Circleville, Ohio, where the local TV manufacturing plant has closed down; the other--a sea of high rises in the South China boomtown of Shenzhen. The connection between American job losses and soaring Chinese exports? Wal-Mart. For Wal-Mart, China has become the cheapest, most reliable production platform in the world, the source of up to $25 billion in annual imports that help the company deliver everyday low prices to 100 million customers a week. But while some economists credit Wal-Mart"s single-minded focus on low costs with helping contain U.S. inflation, others charge that the company is the main force driving the massive overseas shift to China in the production of American consumer goods, resulting in hundreds of thousands of lost jobs and a lower standard of living here at home.
IP-address:	54.242.34.5

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Date	Creation Date: 1995-04-19T04:00:00Z Expiry Date: 2021-04-20T04:00:00Z