Inspectors Find Illegal Marketing by Herbal Drugmaker Quanjian

TRENDING: Huawei Unveils First Mass-Produced Logic-Folding Chip in New Tri-Fold Phone; China Moves to Rein In AI-Era Counterfeiting and IP Disputes; In Depth: AI Distillation in China Leaves U.S. Tech Giants at Odds

LATEST: Tech Monopolies Could Blunt AI’s Economic Gains, Warns Nobel Laureate Aghion; China’s DeepSeek Launches Smaller, Faster AI Model; In Depth: AI Distillation in China Leaves U.S. Tech Giants at Odds; Arm Lands Lenovo, ByteDance Unit as First China Customers for AGI Chip; JD.com Unveils AI Logistics Push With 100,000-Chip Cluster, Millions of Robots; China Moves to Rein In AI-Era Counterfeiting and IP Disputes; Huawei Unveils First Mass-Produced Logic-Folding Chip in New Tri-Fold Phone; ByteDance Gets $29.6 Billion Loan to Fuel AI Ambitions; Chinese Auto-Parts Makers Tap Online Sales to Crack Global Vehicle Aftermarket; Chinese Cloud Firms’ AI Spending to Trail U.S. Peers as Infrastructure Gap Widens, Moody’s Says; Tencent Opens WorkBuddy Platform to Third Parties in Enterprise AI Push; Manus Resumes Independent Operations After Meta Deal Collapses; Zhipu Revenue Rises Nearly 400% as Cloud Business Gains Ground; Cover Story: How U.S. Tech Blockade Sparked China’s AI Chip Boom; Tencent Unveils Larger AI Model in Bid to Close Gap With Rivals; AI Chipmaker Sunrise Doubles Valuation After Raising 2 Billion Yuan; Analysis: Unitree Shares Slide as Investors Reassess Humanoid Robot Valuations; Baidu Shifts AI Agent Dumate Toward Industry-Specific Workflows; Z.AI Unveils Cheaper Model Running Entirely on Homegrown Chips; EHang Scraps Revenue Target in Wake of Fatal Aircraft Crash

By Han Wei / Dec 29, 2018 02:40 AM / Business & Tech

Photo: VCG

An initial investigation of herbal medicines and health foods producer Quanjian Group Co. Ltd. found that the company committed violations by exaggerating the benefits of its products, the state broadcaster China Central Television reported Friday.

A formal investigation has been initiated against Quanjian by the Tianjin city market regulator on allegations of violating market competition law, said the report.

Tianjin-based Quanjian has been under public scrutiny since Dingxiangyuan, an online health news portal, published an article Tuesday reporting that the company exaggerated the benefits of its products, which contributed to the 2015 death of a 4-year-old with cancer. Tianjin authorities sent inspectors to the company after the report went viral.

Quanjian also faces questions on whether it was involved in pyramid sales, which are banned in China. An official on the inspection team said the probe is still underway, according to the CCTV report.

Share this article

Open WeChat and scan the QR code