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Shanghai Daily News Digest

Shanghai enforces strict measures to stop price gouging during expo   2018-08-15

 

 

The Shanghai government will launch price controls on local hotels, online hailing cars and certain public parking lots during the China International Import Expo in a bid to stymie the price gouging of visitors. According to the government announcement, the price intervention will be carried out between October 26 and November 14. During this period, the prices of hotel rooms should never exceed the highest price of similar rooms between October 1 and November 30. Newly opened hotels should set their prices by reference to prices of hotels of the same level and in similar areas.  

 


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