Beijing Tells Carmakers to Curb Price Wars, Strengthen Overseas Compliance
00:00/00:00
Listen to this article
1x
Subscribe now
Listen to the full version
Listen to the full version
Visitors view BYD electric vehicles at an auto show in Bangkok, Thailand. Photo: VCG
China has issued new guidelines urging its automakers to avoid disruptive price wars and comply more strictly with local rules as they expand overseas.
The directive, released Tuesday by the Ministry of Commerce, the Ministry of Industry and Information Technology and the State Administration for Market Regulation, sets out requirements to standardize competition and strengthen localized compliance management.
You've accessed an article available only to subscribers
VIEW OPTIONS
Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.
Subscribe to both Caixin Global and Bloomberg - for the price of one.
- RELATED
Share this article
Open WeChat and scan the QR code
Sign in with Google
Sign in with Facebook
Sign in with 财新