Walmart deepens its presence in China

Walmart Inc said it is ramping up support for Chinese exporters to shore up their businesses amid the trade tensions between the United States and China.

The US retailer said it will help the exporters expand their businesses on its global e-commerce platform and introduce their products to its retail stores across China.

Such a twin push by Walmart — facilitating global expansion for Chinese sellers via its e-commerce platform Walmart Marketplace, while easing their entry into Walmart China's local retail network — underscores the US retailer's pragmatic approach to deepening its presence in China, industry insiders said.