Wal-Mart tight-lipped on closure reports (3)

The retail giant temporarily closed 13 stores in Chongqing last year over a pork-labeling probe.

Compliance with the law in developing economies is crucial for foreign retailers, which are supposed to have higher management levels than their local rivals, said Zhao Ping, deputy director of the consumption and economic research department of the Chinese Academy of International Trade and Economic Cooperation.

Contact the writer at wangzhuoqiong@chinadaily.com.cn

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