New Strategies for Growth: Walmart's Next 30 Years in China

Walmart’s 30-year history in China has unfolded alongside the country’s rise as one of the world’s largest consumer markets. Its next 30 years will be defined by how effectively the company adapts to a changing retail landscape—one shaped by more cautious household spending and the convergence of physical and digital channels. On its current trajectory, Walmart China’s next chapter could be its strongest yet. Quarterly sales are up by more than 20%, driven by a 26% increase in e-commerce and continued momentum at Sam’s Club, its membership warehouse brand. In this one-on-one conversation, Christina Zhu, president and CEO of Walmart China, discusses how the company is evolving its membership, omnichannel, and customer-experience strategies for its next phase of growth. Christina Zhu, President and Chief Executive Officer, Walmart China Lee Williamson, Co-chair, Fortune Leaders Forum; Editorial Director, Asia, Fortune