China regulators issue new anti-disruption guidelines for global automakers
Regulators set new guidelines warning automakers to avoid disruptive competition abroad. The rules face skepticism as BYD and Geely more than doubled August exports, driven by a home sales slump.
By Katrina HamlinRegulators set new guidelines warning automakers to refrain from disruptive competition abroad.
Yet they look toothless for giants like $113 bln BYD and Geely, which both more than doubled August exports.
A sales slump at home pushes Chinese firms to charge ahead at full speed.Full…