China warns automakers over suspected 'irrational' pricing practices
( June 12, 2026, 06:40 GMT | Official Statement) -- MLex Summary: China's industry and market regulators on Thursday summoned automakers suspected of "irrational competitive practices," ordering them to comply with anti-dumping and pricing laws. The Ministry of Industry and Information Technology and the State Administration for Market Regulation told companies to follow pricing compliance guidelines, improve quality controls, protect consumer interests and safeguard fair competition, according to a post on MIIT's official WeChat account.Statement follows....
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