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Group: China targets foreign companies in probes


September 05. 2013 2:36AM
Associated Press

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(AP) A European business group in China says foreign companies believe they are unfairly being singled out for scrutiny in bribery and price investigations.


Thursday's comments by officials of the European Chamber of Commerce in China come after foreign dairy suppliers were fined over how they set prices and news reports that authorities are investigating prices of imported automobiles. Authorities also are investigating possible bribery by employees of drug manufacturer GlaxoSmithKline.


The chamber's president, Davide Cucino, said the group has met with Chinese authorities to discuss the pricing investigations. He said the chamber stressed that any action should be according to the law but gave no other details of the meeting.


Speaking at a news conference, Cucino said foreign companies believe they are subjected to more scrutiny than Chinese companies.


Associated Press


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