Chinese market regulator tells firms to focus on healthy competition overseas

China’s market regulator has told companies including electric vehicle maker BYD and battery giant Contemporary Amperex Technology Ltd (CATL) to compete healthily when expanding overseas, amid mounting accusations of unfair competition, subsidies and dumping levelled at Chinese companies in global markets. Chinese firms should standardise their competitive behaviour and “build a healthy competition ecosystem” in their overseas expansion, the State Administration for Market Regulation said in ...

By Mia Nurmamat