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FINANCE

China issues draft guidelines on auto sector price irregularities

FINANCE
12-12-2025 22:02 HKT
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New cars, among them new China-built electric vehicles of the company BYD, are seen parked in the port of Zeebrugge, Belgium, October 24, 2024. REUTERS/Yves Herman/File Photo
New cars, among them new China-built electric vehicles of the company BYD, are seen parked in the port of Zeebrugge, Belgium, October 24, 2024. REUTERS/Yves Herman/File Photo

China's market regulator on Friday announced draft guidelines intended to crack down on price irregularities in automotive  production and sales.

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Unfair price behaviour will be in the regulatory crosshairs and a mechanism will be created to flag risks associated with remarkably low prices, the watchdog's statement said.

The regulator is seeking public comment until December 22.

Reuters

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