Report: Wal-Mart’s China Sales Growth at More than 25%

New York City Wal-Mart Stores has achieved annual sales growth in China of at least 25% and this strong growth will continue, a company executive said on Tuesday, Reuters reported. “Wal-Mart is committed to China, and the growth will continue," Shawn Gray, VP of China operations, said. He added that he expected double-digit growth this year.

Gray, speaking ahead of a company-sponsored conference, did not give a dollar figure for the company's current China sales or say what portion of global sales come from its more than 100 stores in the country.