FB Pixel no scriptChina moves to curb disorderly price wars
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KrASIA
Oct
10

China moves to curb disorderly price wars

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China’s market regulators have rolled out new measures to curb disorderly price competition, warning that below-cost bidding and price wars are hurting industrial development. The rules call for tighter cost reviews and stronger price enforcement as Beijing moves to address overcapacity and deflationary pressure across key sectors.
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