Home Industry On Two Sides Of the Yuan.

The article focuses on issues related to Chinese government's decision to revaluate its currency Yuan. Over the past few years, the Yuan has been pegged to the dollar at a rate of one dollar for 8.27 Yuan. Wal-Mart seems unphased about potential price increases in Chinese products. Wal-Mart purchased $18 billion worth of goods from China in 2004. James McCune, principal consultant with consulting firm Business Restoration Partners, said that while revaluation should not have an immediate impact on retail prices, Wal-Mart has an advantage due to buying power.