Dangerous Chinese Imports

Summary


Considering the volume of products that China exports, it's impossible to inspect or test every product that leaves the country. In light of recent events, however, China must do more than it has in the past.

Two months after dogs and cats in the United States died from eating tainted pet food, a poison found in brake fluid and antifreeze has turned up in counterfeit toothpaste sold in stores in four U.S. states. The toothpaste was branded as Colgate and packaged in 5-ounce containers, a size that Colgate-Palmolive Co. does not manufacture. Colgate officials are pulling the suspect product off store shelves and increasing staff at its consumer hotline. Colgate, the world's largest toothpaste maker, suffered a 22-cent per share drop in the value of its stock on Friday.

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Extract


Dangerous Chinese Imports

The ripple effect of suspect products is large, indeed. Not only must American buyers of Chinese pro...

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