The true meaning of san yao wu
China’s new consumer law has local and foreign firms worried
FIFTY-TWO years ago this week, John Kennedy gave a speech to Congress in which he argued that consumers “are the only important group in the economy who are not effectively organised, whose views are often not heard.” His eloquent plea for their protection led to the United Nations guidelines for consumer protection and to the annual celebration of World Consumer-Rights Day on March 15th.
Nowhere is that day marked with more gusto than in China, where it is known as san yao wu (three one five). Every year on that date, the national broadcaster airs a much-watched programme lauding consumer rights. It is also used as an excuse to bash successful foreign firms—Apple was last year’s main target—for small or imagined transgressions.
This article appeared in the Business section of the print edition under the headline "The true meaning of san yao wu"
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