CHINA/USA: Wal-Mart in union with China (COMMENT)
Having historically defended its anti-union stance to the hilt, Wal-Mart has said that it will allow its employees in China to join a trade union following pressure from the Chinese authorities. The change in company policy threatens to reduce the company's flexibility, though the large potential market in China means Wal-Mart will be keen to keep the authorities on its side.
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