BEIJING — China is still digesting Wednesday’s announcement from Wal-Mart Stores Inc. that it plans to ramp up environmental and social compliance standards from suppliers here.
Among domestic media, there was a smattering of negative reactions to the news, since Wal-Mart’s move is seen boosting local manufacturers’ costs. Although state-run media agency Xinhua excluded any type of local reaction from its coverage — even touting Wal-Mart’s potential business prospects in the southern city of Chongqing — other media outlets took on a critical tone.
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