The Traderszone Network

Published in TZ Latest News 1 September, 2014 by The TZ Newswire Staff

China anti-trust probes not protectionist, regulator says

China’s latest antitrust probes, which have hit firms such as Microsoft (MSFT.O) and Volkswagen AG (VOWG_p.DE), are not protectionist tools that favor domestic firms, an official of the country’s price regulator told the official China Daily. In an interview, Xu Kunlin, director general of price supervision and the anti-monopoly bureau at the National Development Reform Commission, reiterated that the agency was giving equal treatment to local and foreign companies.

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