A Beijing factory recycled used chopsticks and sold up to 100,000 pairs a day without any form of disinfection, a newspaper said on Wednesday, the latest is a string of food and product safety scares.They have no regulation now. When?
China, on track to overtake the United States this year as the world's second-largest exporter, lacks a basic food safety law and the manpower to enforce food and drug safety regulations at home or for export. Imports are generally carefully scrutinized.
A lack of business ethics and a spiritual vacuum after China embraced economic reforms in the late 1970s have been blamed for unscrupulous business practices and corruption.
This is why Libertarianism doesn't really work in practice. Sure, the market will correct itself, when people stop buying from those who produce tainted items, but the damage has already been done. Regulation, in and of itself, is not evil.
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