WAL-MART'S FAR EAST PUSH TO BEGIN LATER THIS YEAR

HONG KONG (FNS) -- Wal-Mart Stores, Bentonville, Ark., will begin moving into the Far East with the opening of discount stores and warehouse-membership clubs here later this year.The retailer also plans to subsequently follow up with expansion in China, the world's largest consumer market.In Hong Kong, Wal-Mart expects to open three or four Value Clubs with a joint-venture partner, Ek Chor Distribution

HONG KONG (FNS) -- Wal-Mart Stores, Bentonville, Ark., will begin moving into the Far East with the opening of discount stores and warehouse-membership clubs here later this year.

The retailer also plans to subsequently follow up with expansion in China, the world's largest consumer market.

In Hong Kong, Wal-Mart expects to open three or four Value Clubs with a joint-venture partner, Ek Chor Distribution System, a subsidiary of Bangkok-based Charoen Pokphand Group.

The

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