China issues guidelines for automakers' overseas operations
10 Articles
10 Articles
China issues guidelines for automakers' overseas operations
Chinese regulators on Tuesday issued new guidelines for automakers' overseas operations, calling on companies to comply with laws governing outbound investment and overseas business activities, while strengthening anti-monopoly, anti-corruption and social responsibility compliance.
China's automakers are expanding their business abroad. New guidelines are intended to prevent unfair pricing, corruption and violations of local laws.
Beijing lays down law on overseas drive by carmakers
The nation has issued guidelines to regulate Chinese automakers' competitive practices and strengthen corporate compliance overseas, aiming to promote the sound and orderly global expansion of the country's auto industry. The 20 guidelines provide general guidance for Chinese automotive companies engaged in international operations, with a focus on practices including overseas marketing, according to a circular released by the Ministry of Commer…
The guidelines call on companies to strengthen enforcement of competition law abroad
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