Made in America

Article Abstract:

The US exports its retail culture, a situation reflected in the major Wal-Mart Stores' outlet in Shenzhen, China. However Londonsun, a local firm, has filed a suit against Wal-Mart after it purchased 100 hi-fi sets from the superstore that were stamped 'Made in USA'. Londonsun claims they were manufactured in Shenzhen, but Wall-Mart has defended the labelling saying that the hi-fi sets were only assembled in China. Londonsun may be able to use a section of the Consumer Protection Law which is aimed at fake products, and would be able to claim refund and compensation.

All Other Specialty Food Stores, Discount Chains, Variety stores, Foreign operations, Retail industry, Retail trade, Wal-Mart Stores Inc., WMT, Discount stores

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A Haier price

Article Abstract:

Haier Group, a Chinese consumer-electronics company, feels that India will become its second largest market after China in the next five years. Indian consumers associate quality with price and cheap-priced goods earn a reputation of being sub-standard, so Haier is positioning itself in the premium quality market.

China, Forecasts, trends, outlooks, Household audio and video equipment, India, Forecasts and trends, Consumer electronics industry, Market trend/market analysis

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