US Shoppers Are at Risk of a Costly Christmas as China Hikes Prices

Chinese suppliers to major US retailers like Walmart Inc. and Costco Wholesale Corp. said they are hiking prices for the first time in years as raw material costs soar just...

By Charlie Zhu, Daniela Wei, Lulu Shen · Bloomberg

Chinese suppliers to major US retailers like Walmart Inc. and Costco Wholesale Corp. said they are hiking prices for the first time in years as raw material costs soar just as factories ramp up production for Christmas.