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OhioChick Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-22-07 09:10 AM
Original message
Wal-Mart meets protests in India
February 22, 2007, 8:01AM EST

Nearly 100 communist activists on Thursday protested the visit of a top Wal-Mart executive who arrived in India for talks with a local business conglomerate on a deal to jointly establish a chain of supermarkets and big-box stores across country.

"Wal-Mart Go Back," "No Wal-Mart, No FDI in Retail," read placards carried by the protesters who burned an effigy representing Wal-Mart near Commerce and Trade Minister Kamal Nath's office.

The Communist Party of India (Marxist) activists offered themselves for arrest by police who took them in vans to a nearby police station. The protesters were released later.

India's retail market remains dominated by small mom-and-pop shops, and major Western retailers are eager to move in before Indian companies build their own chains.

http://www.businessweek.com/ap/financialnews/D8NEP8RO0.htm

Interesting that India hasn't been protesting the huge influx of tech jobs for years.
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Bhaisahab Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-22-07 10:36 AM
Response to Original message
1. 100 communists
wow. that's not going to make the slightest bit of difference to walmart's designs. and if i were a walmart suit, i wouldn't worry, because history says that india has forever given in to the foreigner - be he in the garb of a conqueror or a businessmen with a fistful of gold. before you know it, walmart-bharti will be the biggest retailer in the country. all it takes is a few calculated bribes. by the time the people of this country arrive at the same conclusions americans have come to about walmart, it would be too late.

such is life in the globalized world.
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leftyladyfrommo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-22-07 10:42 AM
Response to Original message
2. India probably doesn't like Walmart because everything they sell
comes from China.
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berni_mccoy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-22-07 12:13 PM
Response to Reply #2
3. BINGO!
You win a plastic trinket made in China!
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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-22-07 12:31 PM
Response to Original message
4. I wonder how low they will reduce wages if they get a foothold?
Allow the people to breathe?:sarcasm:
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Acadia Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-22-07 06:03 PM
Response to Reply #4
5. Everytime I have a tech problem I speak to someone from India
and we both spend time trying to understand eachother. But its nice that our 8 to 13 dollar an hour jobs are being traded for Mangoes.
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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-22-07 07:55 PM
Response to Reply #5
6. Do you think FuckAmerica-Mart will pay in Mangoes?
hen they can outsource the tech jobs back to the US to talk to the Indian people about their problems with China's largest customer.
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