Not the start of the decline of globalisation – just of China's dominance
Determined to have his FDR moment, Joe Biden’s latest policy seems likely to have put ...
Another great blog from Cathy Morrow Roberson, on the Logistics Trends & Insights site, on how Walmart has re-energised its China strategy. Any visitor to China in the last 20 years will know how ubiquitous the US retail giant’s stores have become, but it hasn’t been a bed of roses for Walmart and there have been plenty of times during its 30-year presence in the country when it has looked to pull out. However, its investment in Chinese e-commerce platform JD.com appears to have given it a new lease of life, particularly through combining the supply chains of the online and bricks and mortar offerings. “When a customer places an order on JD.com, JD’s order management system will analyse data from both companies’ stock systems to determine whether a JD warehouse or Walmart store is closer to the customer, and dispatch a JD courier accordingly.”
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