According to media reports, China has charged representatives in the USA with the USA: Inside the US single chain of Walmart.
This reported Chinese state media, citing informed circles. The Ministry of Commerce and other authorities therefore wanted to talk about US media reports in Beijing, according to which Walmart concerns his suppliers in China to significantly reduce prices.
A channel close to Chinese state television on social media spoke of a ‘clear signal’ to Walmart. Walmart would cost Chinese consumers: inside and manufacturers: unload inside and manufacturers, the article said.
The group’s procedure is inappropriate and affects fair competition, the channel continued. On top of that, Walmart’s behavior is not conducive to the business development of the group on the Chinese market. One consequence could be that the supply chains would be interrupted, which the interests of companies and consumers: it was a shame inside on both sides.
The US government, under President Donald Trump, had recently decided 20 percent tariffs to Chinese goods. According to experts, the surcharges could be handled to the consumer: inside the cash register. With the price reduction of its Chinese suppliers, Walmart would try to compensate for the effects of the tariffs. The retail chain also has branches in China.