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Everyday low prices no lure for China's shoppers

As more Chinese consumers shop online and prioritize quality and safety over price, Wal-Mart's fortunes in China have waned. Jane Lanhee Lee reports on how it's is shifting strategies in response.

http://www.wgrz.com/video/3305425610001/1/Everyday-low-prices-no-lure-for-Chinas-shoppers http://cdn.newslook.com/f8/f8b8b7f783e79b1c38c2dd5636ceb7f9/images/frame_ext.jpg Everyday low prices no lure for China's shoppers As more Chinese consumers shop online and prioritize quality and safety over price, Wal-Mart's fortunes in China have waned. Jane Lanhee Lee reports on how it's is shifting strategies in response. JANE LANHEE LEEFinanceShanghaiReutersnewslookWorldWal-MartChina 02:05

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