China Sets Guidelines to Curb Price Wars Among Automakers Overseas
The 20-point guidelines tell carmakers to protect overseas brand image, respect local dealer pricing rights and strengthen safety management at production sites.
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7 Articles
Beijing Tells Carmakers to Curb Price Wars, Strengthen Overseas Compliance
Beijing Tells Carmakers to Curb Price Wars, Strengthen Overseas Compliance - New guidelines from three regulators urge automakers to avoid sharp price swings, improve local compliance and manage labor, data and intellectual-property risks as they expand abroad
After spending years trying to control a price war between its own assemblers, China decided to take the concern out of its borders.Three Chinese government agencies published new guidelines for the
China sets guidelines to curb price wars among automakers overseas
China unveiled guidelines on Tuesday urging its automakers to avoid disruptive pricing and disorderly competition overseas, part of a broader push to promote the healthy development of the sector as Chinese carmakers rapidly expand their global footprint.
The local government issued a series of guidelines aimed at its expanding brands. It demands preventing unfair competition practices, ensuring ethical standards and protecting the reputation of its products on the global market.
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