Walmart China strategy: 110 new stores, e-commerce and real estate

The world's largest retailer by sales, Wal-Mart Stores Inc, will open 110 new outlets in China within three years, senior executives said on Thursday.

At the same time, the United States-based company will invest in higher-growth sectors such as e-commerce and real estate.

Greg Foran, Walmart China president and chief executive officer, said that the company's focus in China will be investment and development, while quality should take precedence over quantity as the company grows in the country. [Read More]

Wal-Mart predicts sales will grow faster next year

More Sam's Club stores set to open

Walmart expands in third- and fourth-tier cities

Walmart launches mobile food testing labs

Yhd.com brings world's foods to China's doorstep

Wal-Mart in acquisition mode

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