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…

To read more,please login or register below.

This is the first step to more free
content, user offers, subscriptions
and more.
Log in here using the Email Address
and Password you signed up with