Wed Oct 22, 2008
By Kirby Chien and Nicole Maestri
BEIJING/NEW YORK (Reuters) - Wal-Mart Stores Inc (WMT.N: Quote, Profile, Research, Stock Buzz) said it will enforce stricter quality and environmental standards for its army of Chinese suppliers, a step likely to shrink margins and raise prices as the world nears recession. The move by the world's largest retailer comes after a slew of recalls of Chinese-made goods raised fears about the safety and oversight of goods produced under the "made in China" label. http://www.reuters.com/article/businessNews/idUSTRE49L0OL20081022?sp=true