Deer To Sell Products In China Wal-Mart Stores

Chinese consumer products company said it will start selling its kitchen electronic products in Wal-Mart stores in China as it expands throughout the country.

NEW YORK (AP) -- Deer Consumer Products Inc. said Monday that it will start selling its kitchen electronic products in Wal-Mart stores in China.

Terms of the deal were not disclosed.

Deer, which is based in China, anticipates that its expansion throughout the country will help significantly boost revenue, Chairman and CEO Bill He said in a statement.

The kitchen items will be immediately available at Wal-Mart stores in the Guangdong province.

Earlier this month Deer raised its 2010 earnings and sales forecasts.

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