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China moves to stop car price wars

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The People's Republic of China has introduced new rules to control price wars in its car industry. The government wants to protect fair competition and support long-term growth. In recent months, many car companies lowered prices again and again to win customers. China has the largest auto market in the world, and both electric and traditional car brands competed strongly. Sales in... https://autochannel1.com/blogs/news/china-moves-to-stop-car-price-wars

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