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

Date:

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.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Australian Expat Found Guilty of Working for Suspected Chinese Spies

Alexander Csergo arrives at the Downing Centre Local Court...

Irans New Supreme Leader Is Probably Alive in Some Form, Trump Says

US President Donald Trump acknowledges the applause of attendees...

4 Confirmed Dead After US Refueling Plane Crashes in Iraq

An F-16 fighter refuels from a KC-135 Stratotanker over...

How the US Can Adjust to Middle East Oil Disruptions

|March 13, 2026Updated:March 13, 2026The U.S.–Israeli war with Iran...