Tag Archives: NDRC

China antitrust regulator, NDRC, fines two Japan auto parts makers

Red flags flutter next to a national emblem and a national flag of China on top of the Great Hall of the People, which is the venue of the closing ceremony of the CPPCC, in Beijing

Two Japanese automotive bearings makers said on Tuesday a Chinese regulator has ordered them to pay fines for violating antitrust laws as Beijing intensifies its scrutiny of business practices in the auto sector.

NDRC ‘probing more than 1,000 auto sector firms’

A Chrysler logo is pictured on a wheel of a car at a repair centre in Shanghai, on August 6, 2014

More than 1,000 companies in China’s auto sector, both domestic and foreign, are “involved” in anti-monopoly probes by the government, state media reported Wednesday.