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South China Morning Post

South China Morning Post

Chinese EV makers, suppliers risk dent to global stature in price war, Bosch exec warns

South China Morning Post
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Bosch China president David Xu Daquan has made a proposal to Chinese President Xi Jinping to create a fair and orderly market-based mechanism to avoid cutthroat competition among the country's carmakers and supply-chain vendors.

Xu was among the business leaders who met Xi in East China's Shandong province on May 23 to reassure bosses of state-owned companies.