06.16.07
Wal-Mart’s next target is Africa
Wal-Mart’s next target is Africa
Dis-Associated Press
12:00 p.m. CT June 11th, 2007
BENTONVILLE, AK
Wal-Mart spokesman Richard Byrd announced that the retail giant is planning on opening production factories in several locations in Africa.
Currently, over 90 % of Wal-Mart’s merchandise is produced in China. With the rise of the Yuan, and growing living standards in general, Wal-Mart is being forced to find new production for their cheap artifacts.
“Wages in China have risen, forcing us to lower production, and therefore, offer less of our quality merchandise to the American public”, said Byrd.
While on average, American factory workers earn $12 an hour, Mexican workers rake in $4 a day, while Chinese workers make $1 a day. The Chinese government has been forced to start capturing and executing labor leaders for scaring away foreign companies.
According to Byrd, Wal-Mart has opened 2 production sites in the African continent; one in Kenya, the other in the Congo. Wages for workers start at 23 cents a day.
Byrd expressed hope that these salaries could be further reduced, thus allowing the opening of more production sites in 4 other African nations.
“23 cents is a too generous wage, which has caused unrest among our investors. But with the cooperation of the African military regimes, hopefully, we can solve this problem”.
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Administrator said,
May 29, 2009 at 5:20 am
Hi there I dropped,
Thanks for commenting. Actually, this blog was going to be initially a fake news website, kind of like The Onion”. This article was part of the fake news, that’s why it’s written in a sarcastic tone. Of course, I’m sure if wages rose in China, Wal-Mart would look for cheap labor elsewhere.