UPDATE 1-China should probe foreign luxury carmakers over prices -Xinhua

Newswire

* Xinhua article could be warning shot to foreign automakers * Says some imported cars twice as expensive in China than overseas * Audi says taxes and other factors make prices comparable * Analysts don't think Chinese government will take action * China has launched price probes in other sectors (Adds Audi statement, tariff details) By Samuel Shen and Jonathan Standing SHANGHAI/BEIJING, July 29 ...

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