The retailer’s management has come under pressure from US and Chinese regulators as tensions between the two economic giants have grownWalmart is revamping its China retailing strategy after having grown slower than competitors, The Wall Street Journal reported. The US company’s giant hypermarkets have struggled to keep pace with Chinese retailers, and management has come under pressure from US and Chinese regulators as tensions between the two economic giants have grown. Read the full report: The Wall Street JournalREAD MORE:

Source: Wall Street Journal June 12, 2022 03:17 UTC