CAPE TOWN, June 16 (Reuters) - Wal-Mart (NYSE:WMT) WMT.N is excited
about the opportunities in China, although competition is tough,
chief executive Doug McMillon said on Thursday.
"China is a tremendous opportunity and I am very excited
about China, bullish on China, but it's extraordinarily
competitive, very creative competitors involved, so it's going
to be tough," he told a conference.