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How's the regulatory oversight in China? If companies can get away with lying then I don't think they have much say in the matter.
by sbmthakur 7y ago
How's the regulatory oversight in China? If companies can get away with lying then I don't think they have much say in the matter.
- nmfisher 7y agoIt exists, but it's hardly effective. It's mostly a merry-go-round of bribery and currying favours. As an example, look at how little consumers trust inspections carried out by authorities (hence why Australian milk powder carries such a premium).
- redis_mlc 7y ago> How's the regulatory oversight in China? lol. I think you're missing the point. The only "oversight" is that the CCP gets what they want, or else.