2007 Chinese Export Recalls
In 2007 a series of product recalls and import bans were imposed by the product safety institutions of the United States, Canada, the European Union, Australia and New Zealand against products manufactured in and exported from the mainland of the People's Republic of China (PRC) because of numerous alleged consumer safety issues.
Events in the confidence crisis included recalls on consumer goods such as pet food, toys, toothpaste and lipstick, and a ban on certain types of seafood. Also included are reports on the poor crash safety of Chinese automobiles, slated to enter the American and European markets in 2008. This created adverse consequences for the confidence in the safety and quality of mainland Chinese manufactured goods in the global economy.
Read more about 2007 Chinese Export Recalls: Pet Food, EU RAPEX Toothpaste Recall, Ultimate Sanction
Famous quotes containing the words export and/or recalls:
“The rumor of a great city goes out beyond its borders, to all the latitudes of the known earth. The city becomes an emblem in remote minds; apart from the tangible export of goods and men, it exerts its cultural instrumentality in a thousand phases.”
—In New York City, U.S. public relief program (1935-1943)
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—Friedrich Nietzsche (1844–1900)