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Pub. Date
19uu
Description
Examines Wal-Mart's importation of Chinese goods into the United States. Discusses that 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 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 in the U.S.
Pub. Date
©2004
Description
Frontline explores the retail giant's influence on the American economy, noting U.S. job losses and soaring Chinese exports. Interviews with retail execs, trade experts, economists and more, some who credit Wal-Mart's focus on low costs with helping contain U.S. inflation, others charge that the company is driving the overseas shift to China of the production of American consumer goods.
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