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Changan Ford fined CNY 162.8 million by Chinese government
On June 5, China’s State Administration for Market Regulation (SAMR) said on its website that it had fined Ford’s joint venture with Changan Automobile Group CNY 162.8 million (USD 23.56 million) for setting a minimum resale price on its cars in the Chinese municipality of Chongqing since 2013, in violation of the la....
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