Bloomberg: Xi Has a New Signup for China’s Pollution Fight: Walmart
Chinese President Xi Jinping has vowed to slash pollution and prioritize living standards over unbridled growth. On the other side of the globe in Bentonville, Arkansas, the world’s largest retailer is signing on.
On Thursday, Walmart Inc. committed to cutting 50 million metric tons of carbon emissions from its Chinese operations -- attempting to play good corporate citizen in a country where it’s making increasingly ambitious business investments. China is now the only nation where the retailer has made a specific emission plan public.