Wednesday, July 23, 2014

Group: China targets foreign companies in probes

September 05. 2013 2:36AM
Associated Press

Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle

(AP) A European business group in China says foreign companies believe they are unfairly being singled out for scrutiny in bribery and price investigations.

Thursday's comments by officials of the European Chamber of Commerce in China come after foreign dairy suppliers were fined over how they set prices and news reports that authorities are investigating prices of imported automobiles. Authorities also are investigating possible bribery by employees of drug manufacturer GlaxoSmithKline.

The chamber's president, Davide Cucino, said the group has met with Chinese authorities to discuss the pricing investigations. He said the chamber stressed that any action should be according to the law but gave no other details of the meeting.

Speaking at a news conference, Cucino said foreign companies believe they are subjected to more scrutiny than Chinese companies.

Associated Press

comments powered by Disqus Commenting Guidelines
Mortgage Minute

Search for New & Used Cars

Used New All

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals

Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds