The Traderszone Network

Published in TZ Latest News 8 November, 2014 by The TZ Newswire Staff

Wal-Mart to focus on food safety in China: Asia chief

Wal-Mart Stores Inc (WMT.N) is focusing on food safety as the world’s largest retailer aims to boost profitability of its more than 400 stores in China, Wal-Mart Asia chief executive Scott Price told Reuters. Food safety is a highly emotive issue in China where there have been numerous scandals from photos of food oil being scooped from drains to tales of phoney eggs and melamine-tainted milk powder.

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