Whole Network Entrepreneurshi... Innovation IPOs News Policy Private Equity Venture Capital

 

Hundreds Arrested in Product Safety Crackdown

Filed in archive Law by Greg Cruey on October 29, 2007

Remember back in August when China's Vice Premier, Wu Yi, China's most successful troubleshooter, was named as head of a cabinet level panel to address the issues of standards, product safety, and quality control in China's food industry? China just announced the arrest of 774 individuals in what the Associated Press called "a crackdown on substandard goods, part of ongoing efforts to calm international worries over the quality of the country's products."

Hundreds Arrested in Product Safety Crackdown


According to the AP, "The General Administration for Quality Supervision, Inspection and Quarantine said the arrests were the result of 626 criminal investigations nationwide into the manufacture and sale of fake or substandard food, medicine or agricultural products between August and mid-October."

Beijing evidently wants the world to think it is serious about the problem. Of course, some people are sure to disagree. One of those is the blogger at Slobokan Dot Com. He laughs at the arrests and is unimpressed. I get the impression that he thinks 774 arrests isn't very many in a country like China. I personally was more impressed by the statistic that 200 illegal businesses dealing with food were closed in the last few months. Slobokan wants to know when the Chinese government is going to get around to protecting Americans. I guess I figure that a.) the Chinese think that quality control starts at home and b.) we have a government of our own who's supposed to do that.

As an aside, I found it interesting that Slobokan appears from the ads at his site to be a supporter of presidential candidatelinks Fred...

Some of the crackdown arrests do actually help people outside China. One source points out that among the companies busted, some were marketing fake Viagra, fake Tamiflu (the anti-flu drug being stockpile in some western countries in case of a bird flu pandemic), and fake anti-malarial medications.






Permalink: Hundreds Arrested in Product Safety Crackdown
Tags: recall  safety  arrest  china  2007  venture+capital  product+safety  october+2007 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/99455





RSSrss   | See all blog subscribe options
Google google   |   What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter
Grouptivity

Use the search to look for other interesting posts

  • ChinaVentureNews seeks news contributions



    If you are an analyst, tech company, private equity firm, service provider or entrepreneur with news to share related to China venture capital send us your relevant news release.

    CVN will post it to our site. We reserve the right to edit the copy because of space limitations, and to make summaries of the release when appropriate-- although a full copy of the release will always be linked to.

    Thank you!

    Please simply use our form here.


 
  • Advertise with us

  • Learn more about our advertising options or email advertising - at - creative-weblogging.com or give us a call at +1 (650) 331 4900.


  • Testimonials

  • 'Exactly what I am looking for.'

    "One of my favorite blogs."


  • Other blogs in the same channel in the Creative Weblogging Network







 

Tagcloud: Agreement Blogs Book review Commodities Conferences Entrepreneurship Incubators and Science Parks Information Sources Innovation Internet IPOs Law M&A Mergers and Acquisitions News Outsourcing Policy Private Equity Sovereign Wealth Funds Sponsored Post Stocks Studies Technology Report VC and PE: education and training Venture Capital Yuan Renminbi