China Releases Draft Law Amendment to Tackle Price Wars; Analysts Skeptical

1 Min Read
China Releases Draft Law Amendment to Tackle Price Wars; Analysts Skeptical
China Releases Draft Law Amendment to Tackle Price Wars; Analysts Skeptical

Chinese-made cars for export are seen at a port in Shanghai on April 17, 2025. China Out via Getty Images

The Chinese communist regime has published a draft amendment to its pricing law to tackle the fierce price wars among companies, as industrial overcapacity and weak domestic demand continue.

China’s National Development and Reform Commission (NDRC) and the State Administration for Market Regulation jointly drafted the amendment to the price law and released it on the NDRC website on July 24.

Share This Article