Wal-Mart, king of the capitalist retailers, has climbed further into bed with the Chinese Communist government that supplies its stores with so many cheap goods by setting up a Communist Party branch in its corporate headquarters in Shenzhen. Dubbed "another breakthrough" for Wal-Mart by Wang Suiming, a Communist official in the city, the new organization was established last month, according to Shenzhen Special Zone Daily.
Wang anticipates the move will lead to other foreign-financed companies boosting the Communist Party.
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In August, Wal-Mart set up its first party branch in the northeast city Shenyang.
According to the Constitution of CPC, every party member must be organized into a branch, cell or other specific unit of the CPC to participate in the regular activities of the party, and primary party organizations are formed with at least three full CPC members.
Wal-Mart Stores Inc. entered the Chinese market in 1996, and it now has 67 stores in 34 Chinese cities, with more than 30,000 employees.
