Walmart urges US, China to build 'collaborative' ties

Walmart urges US, China to build 'collaborative' ties

We want to be able to do business in China, says CEO of giant American retailer

By Beyza Binnur Donmez

ANKARA (AA) - American retail giant Walmart on Wednesday urged the US and China to build a "collaborative" relationship amid worsening bilateral relations.

"It is our hope that these countries will work together, this administration and in years to come, to find ways to have a collaborative relationship," CEO Doug McMillon said in his appearance at Fox Business' Mornings with Maria program.

"We want to be able to do business in China," McMillion said. "I know a lot of American businesses and farmers want to as well."

The company has nearly 440 stores in China, and is building e-commerce operations there since the end of 2010.

Following the coronavirus outbreak, the worsening relationship between the two nations put the Phase 2 trade deal in danger as President Donald Trump accuses Beijing of letting the virus spread, which originated in Wuhan, China last December.

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