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Price war among Chinese electronics retailers continues to heat up

08-19-2012 08:45 BJT

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The CEO of 360Buy has upped the ante by saying the war is on the rise, contradicting some reports that it had ended.

He called on 360Buy stockholders to show support for the war and suggested expanding the competition to all kinds of goods. After that, the Vice-CEO of Suning objected to his behavior.

As to this, the Ministry of Commerce said that the issues related to this highly discussed event have already been regulated, but more specific rules and laws are now in consideration.

 

 

Editor:Zheng Limin |Source: CCTV.com

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