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Thread: Mung Bean Conspiracy!
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[quote=CHERRY07,402020]Jimmyb, the trading house and other two companies were fined 1 million yuan. However, they said that they were wronged. They also said that they were not going to pay the fine. The NDRC (National Development and Reform Commission) made an announcement that these three companies would be punished more severely if they didn't pay the fine in time, The fine will be increased by 3 percent if they didn't pay the fine before the deadline. The NDRC is "beating the dog in front of the lion". The purpose is to warn other corporations not to jack up the prices. Otherwise, they will be fined too. The garlic price has increased to around 13 yuan per kilogram. Don't know when the prices will go down.[/quote]
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