Seeking Alpha

Wal-Mart to test meat products in China

  • Chinese regulator Shandong Food and Drug Adminstration tells Wal-Mart (WMT) it needs to establish a DNA system to test the food products it sells in the nation.
  • The company will also have to compensate consumers that purchased tainted meat from it.
  • Food safety is a major focus in China right now with rules tightening for local producers and global sellers.
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