Friday, October 9, 2015   

China probes automakers, technology firms
(08-07 11:32)

Chinese regulators have launched a series of anti-monopoly investigations of global automakers and technology providers, stepping up pressure on foreign companies that feel increasingly unwelcome in China.

On Wednesday, a regulator said Chrysler and Germany's Audi will be punished for violating anti-monopoly rules. Mercedes Benz and Japanese companies also are under scrutiny. A probe of Microsoft was announced last week.

The investigations are fueling unease among foreign companies that complain Beijing uses regulatory measures to hamper them and promote potential Chinese competitors in technology and other fields in violation of its free-trade commitments. --AP   
Other China breaking news:
Chinese woman charged in Tanzania over 1.9 tons of illegal ivory (1 hr 7 mins ago)
Off limits in China, but Japanese sex slaves film debuts at Busan film fest (1 hr 26 mins ago)
Study predicts 2m smoker deaths in China in 15 years (1 hr 52 mins ago)
US treasury chief urges China to stick to reform track (2 hrs 3 mins ago)
Beijing sees red over US Navy plan to sail to artificial islands (10-08 21:15)
Uber plows US$1b into China, seeks Shanghai license (10-08 16:58)
Fujian governor Su Shulin faces graft inquiry (10-08 12:48)
People's Bank of China chief calms nerves in Lima (10-08 12:26)
AIIB explores Pakistan energy, transport, and power deals (10-08 12:12)
Cracks appear on Henan glass walkway above canyon (10-08 11:44)

More breaking news >>

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