A new law becomes effective today in Hong Kong that can help stop dishonest retail practices and better protect the interests of consumers.

The Beijing-based instant noodle maker Wugudaochang has submitted a bankruptcy restructuring application to Beijing Fangshan People's Court.

Though there are only about 20 days left before China's deadline for registration, a number of food operators, including McDonald's, KFC, Quanjude and Yonho Soybean Milk, have reportedly not registered with the Ministry of Commerce as required, and this has put them at the risk of violating China's new Business Franchise Operation Management Rule.