Wal-Mart to hire up to 150-thousand employees in China expansion

BENTONVILLE, Ark. Wal-Mart said today that it plans to hire up to 150-thousand employees in China, five times its current work force there.

The hirings would happen over the next five years as the Bentonville-based retail chain expands its number of stores.

Wal-Mart has targeted China, which has long been a major supplier of its products, as a key region for its international store growth. It now has 56 stores in China with about 30-thousand employees and plans to open 20 more stores this year.

Wal-Mart spokeswoman Amy Wyatt declined to say how many stores the Bentonville, Ark.-based retailer will add in the long term.

The news comes less than a week after Wal-Mart moved to expand in another fast-growing region, Central America, by taking a majority stake in a local retail chain that it first bought into last September.

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