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Retail giants like Wal-Mart u.s. French, Carrefour is always proud of themselves as cheap goods, and accessible. But China king reigns flea bones to pick. According to the country's top economic planner, supermarkets two lying about prices of their goods will be fine to do so.
National development and Reform Commission devotes two retailers either auverstating for discounts from inflated prices bridiskontade, or to impose higher prices than what has been called or advertising.
PCATI Carrefour and Wal-Mart has engaged in such practices in various Chinese cities. Two supermarkets and other retailers UN-named, a fine of up to 500,000 yuan.
The move, says economy aims to remind, warn business operators in China to exercise restraint when determining prices, operating in an impartial manner.