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

OECD Report Fuels Growing Concerns Over Chinas Subsidy-Driven Model

ADChina NewsMark Us Preferred on GoogleContainers are seen at...

Chinas Export Machine Faces a Broadening Pushback

Milton EzratiAuthorMilton Ezrati is a contributing editor at The...

Business Council Urges Labor to Cut Spending Before Raising Taxes, Warns Companies Looking Offshore

Australia's Prime Minister Anthony Albanese holds a press conference...

Florida Sues TikTok Over Alleged Violations of Child Safety Law

The TikTok logo in Tokyo on Sept. 28, 2020....