SHANGHAI—China’s top economic planner has asked an auto association to collect data on the price of foreign cars sold in the world’s largest automobile market, in the latest inquiry into pricing of foreign products in the country.
The National Development and Reform Commission wants the data to check whether foreign car makers are manipulating prices or setting minimum retail prices for dealers, Luo Lei, a deputy secretary-general of the China Automobile Dealers Association said Wednesday. Such activities would be illegal, he said.
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Rose Yu and Laurie Burkitt, The Wall Street Journal via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/x8xlROBjLsU/
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