China is threatening to fine a US automaker for monopolistic behaviour in what some analysts are calling a warning by Beijing in response to heightened tension with the incoming US administration of president-elect Donald Trump.
Zhang Handong, director of Beijing’s powerful regulator the National Development and Reform Commission’s price supervision bureau, declined yesterday in an interview to name the company.
However, he told the state-run China Daily newspaper said investigators had found that the carmaker had given instructions to its distributors to fix prices as far back as 2014.
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