Wal-Mart Pushes Back Against Chinese Regulators

Wal-Mart Stores, Inc. (NYSE:WMT) has accused Chinese regulators of unfairly targeting retailers instead of manufacturers after receiving millions of dollars in fines over the last three years for a variety of offenses ranging from having English characters written in a larger font than Chinese characters on food labels to incorrect labels, reports Laurie Burkitt and Shelly Banjo for The Wall Street Journal. Regulatory burden fall more heavily on retailers in China In the US and Europe, manufacturers have the bulk of the responsibility for producing safe, correctly labeled products. Retailers are expected to store food in sanitary conditions, at correct…