I'm having a lively discussion over at Veritas et Venustas; my insistence that it's not possible for 70% of Wal-Mart's merchandise to be made in China has not received a warm welcome. The 70% figure was only tangential to the actual point of the post (which I agree with), that WM's "green" store is not as green as WM would like us to believe.
I once bought the 70% figure wholesale too, and I don't blame others for it. Thanks to Bob for concisely summing this up:
Besides, how can 70% of their products be made in China when they only account for something like 15 billion of imports from there. Possible yes, likely, no. That would mean that 30% of their goods accounts for 90% of cost of goods sold.
And thanks to The Box Tank for pointing us to the post.
Posted by Kevin on July, 26 2005 at 10:27 AM
