Wednesday, August 7, 2013

L.A. Times - Asia: China fines six baby formula suppliers $108 million

L.A. Times - Asia
Headlines from latimes.com 
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thumbnail China fines six baby formula suppliers $108 million
Aug 8th 2013, 00:21, by By Barbara Demick

China fines one domestic firm and five foreign companies, including two in the U.S., that it said artificially inflated prices.

The Chinese government Wednesday issued what it said were record-high fines totaling $108 million in connection with the scandal-ridden baby formula industry.

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