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Some facts about China, America and Walmart:

• Walmart charges amazingly low prices on everything.

• Walmart is everywhere.

• Walmart is America's #1 retailer.

• Most of Walmart's suppliers come from China (probably close to 80%).

• America currently sustains a trade imbalance with China -- we buy more from China than we sell them. America sells raw materials to China and China sells us finished goods like electronics and clothing -- that are sold in Walmart.

• American factory workers get paid an average of $15 per hour.

• Chinese factory workers get paid an average of 35 cents an hour.

• Walmart's proponents will tell you that they are helping Americans attain a higher standard of living simply because of their low prices.

• Walmart's opponents will tell you that Walmart is hurting Americans' chances at a higher standard of living by lowering wages and cutting benefits (not to mention "discouraging" unionization).

• American economists are divided on the issue.