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Top Motorcycle Exporter China Urges Industry to Curb Price Wars

Top Motorcycle Exporter China Urges Industry to Curb Price Wars
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Top Motorcycle Exporter China Urges Industry to Curb Price Wars China’s motorcycle industry trade body urged companies across the sector to curb price wars and focus on higher-quality growth, warning that imitation and a flood of similar products are squeezing profits and hurting the reputation of Chinese manufacturing. While exports are expanding and domestic brands are gaining recognition abroad, some industry practices are undermining the sector’s long-term development, according to an...

Top Motorcycle Exporter China Urges Industry to Curb Price Wars China’s motorcycle industry trade body urged companies across the sector to curb price wars and focus on higher-quality growth, warning that imitation and a flood of similar products are squeezing profits and hurting the reputation of Chinese manufacturing. While exports are expanding and domestic brands are gaining recognition abroad, some industry practices are undermining the sector’s long-term development, according to an initiative posted by the China Motorcycle Chamber of Commerce on its official WeChat account on Saturday.
China (LOCATION) Chinese (ORG) the China Motorcycle Chamber of Commerce (ORG)
Originally published by Bloomberg Markets Read original →