Wal-Mart is accelerating the pace of its store openings in China. It will open one new store about every three weeks this year, compared to Carrefour's pace of one a month.
Carrefour is bigger than Wal-Mart in China. But Wal-Mart is bigger than Carrefour.
Wal-Mart's global sales was $285 billion - three times that of Carrefour.
And...and...Wal-Mart purchased $18 billion in products from Chinese manufacturers.
Carrefour may be leading Wal-Mart in China now, but not for long.
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