The assembly line of Changan Ford Automobile Corporation (CFA), in Chongqing on March 31, 2014. Photo: Xinhua

China’s antitrust regulator fines Ford’s Changan venture US$23.6 million for price violations amid worsening trade tensions with US

  • Changan Ford’s penalty is the second since General Motors Corp was penalised 201 million yuan in 2016 for antitrust violations, seen as a warning shot to then President-elect Donald Trump
  • China’s commerce ministry said last Friday that it was compiling a list of “unreliable” foreign businesses and individuals deemed to be hurting Chinese interests
Topic |   General Motors

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The assembly line of Changan Ford Automobile Corporation (CFA), in Chongqing on March 31, 2014. Photo: Xinhua
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