Source: China – South China Morning PostChinese regulators have launched renewed efforts to tackle the phenomenon of disorderly price competition, including the potential formulation of state-sanctioned cost assessments and firm actions against below-cost bidding.
The National Development and Reform Commission (NDRC) – the country’s top economic planner – and the State Administration for Market Regulation (SAMR) published a joint policy paper on Thursday outlining measures designed to limit the intense competition within some…Read More