China should probe foreign luxury carmakers over prices - Xinhua

Newswire

SHANGHAI, July 29 (Reuters) - Foreign carmakers are reaping exorbitant profits selling imported luxury cars in China and should face an anti-trust investigation, the official Xinhua News Agency said, in what may amount to a shot across the bow of foreign auto firms. Xinhua said that in the wake of investigations into how foreign companies in other sectors price their goods, the question of imported cars had become a contentious topic. Foreign milk formula makers ...

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