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Monday, 14 April 2014

Wal-Mart Cries Foul on China Fines

Over the past three years, Chinese authorities have fined Wal-Mart Stores Inc. $9.8 million, sanctioning the retailer for using misleading pricing, selling poor-quality products and even peddling donkey meat that turned out to be fox.


Wal-Mart has increased testing and inspections. Food testers at Wal-Mart distribution centers in China check more than 600 products daily to catch flaws before the food is sent out to stores. After Wal-Mart found the fox meat labeled as donkey in January, the company said it would start testing its products’ DNA.


But Wal-Mart is also doing something rare for a Western company: Telling Chinese authorities they need to clean up their own act.


Read Full Article HERE






bljworldwide via CHINA US Focus http://ift.tt/1kU4Ig4

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