Beijing Moves to Halt Below-Cost Car Sales as Price War Deepens Across China’s Auto Market

China’s market regulator has issued a clear warning to domestic carmakers, telling them to stop selling vehicles below production cost as authorities intensify efforts to rein in a prolonged and damaging price war in the world’s largest auto market. The new guidance signals

Chinese Carmakers Shorten Supplier Payment Cycles as Beijing Tightens Oversight of Price War

Major Chinese car manufacturers have significantly reduced the time they take to pay suppliers, following stronger regulatory scrutiny from Beijing over aggressive pricing practices in the country’s highly competitive auto market. An industry body said payment cycles that once stretched close to a