China Plans Tougher Regulations Targeting Carmaker Price War
China’s market regulator released new draft guidelines aimed at stopping automakers from pricing models too cheaply as part of efforts to curb cutthroat competition that’s fueling deflationary pressure.
By Foster Wong · Bloomberg Markets
China’s market regulator released new draft guidelines aimed at stopping automakers from pricing models too cheaply as part of efforts to curb cutthroat competition that’s fueling deflationary pressure.