China softening its auto trade policy

By Alysha Webb, Automotive News
Shanghai, China-Chinese policymakers appear to have heeded calls from the country’s automakers to make the new national automotive policy less protectionist.

After releasing a draft last year that contained several nationalistic provisions, planners last week sent a softer, gentler version to the governing State Council, China’s Cabinet, for approval.

The new version drops a proposed requirement that 50 percent of the market be held by local automakers that own their own intellectual property rights.

But with no guidance as to whether joint-venture manufacturers were…

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