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"Some customers participated in the promotions without being informed of the conditions." On Monday, the NDRC vowed to crack down on price frauds and manipulation with the May Day holiday shopping spree approaching. Local authorities were ordered to keep a close watch on pricing at shopping malls, and on the price of daily necessities. Earlier this year, several Carrefour and Wal-Mart outlets were fined 500,000 yuan for price frauds during a crackdown by the NDRC..
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Those are closely watched figures, especially leading up to the holiday season.Retailer Jos. A. Bank rejected a US$1.5 billion buyout offer from Men's Wearhouse on yesterday. The rivals have made offers to buy each other in recent months, only to be rejected by the other party. Jos. A. Bank fell 74 cents, or 1.3 percent, to US$56.29 and Men's Wearhouse fell 38 cents, or 0.7 percent,Golden Goose Outlet, to US$51.63.Facebook rose US$2.65, or 5 percent, Cheap Jordans Retro to US$57.77.
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Poly Real Estate Co dropped 2.88 percent to 11.79 yuan. China Vanke fell 2.28 percen to 8.58 yuan. Gemdale Corp lost 2 percent to 6.52 yuan,Cheap Jordans for Sale, Cheap Jordans Free Shipping. China Merchants Property Development Co slid 3,www.buycheapjordans2017.com.17 percent to 18.34 yuan. Banks fell after the China Securities Journal reported that the China Banking Regulatory Commission may order banks to increase reserves to hedge against bad loan risks Bank of China dipped 0.59 percent to 3.38 yuan.
Ralls Corp said it filed the lawsuit against CFIUS for ordering it to stop all construction and operations at its projects while the government panel completed its investigation and finalized its recommendation to Obama. According to US law, CFIUS can recommend the president block a foreign investment deal, rather than announce a termination itself.
The move to avoid default by a trust product managed by China Credit Trust comes as a relief to local investors and market participants, but it also represents a potentially missed opportunity to limit moral hazard.The size of the exposure - around US$500 million - is not the main issue.
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