Chinese regulators have released new guidelines targeting automakers, including major players like BYD, to prevent pricing strategies that could distort market competition. The rules emphasize compliance with anti-monopoly laws, fair labor practices, and corporate social responsibility standards. Authorities appear focused on ensuring fair business conduct within the industry. The move follows growing scrutiny over market dominance and pricing behavior in the automotive sector.
Chinese regulators issued guidelines urging automakers including BYD to avoid pricing that creates unfair competitive advantage and to comply with anti-monopoly, labor and corporate responsibility ...