Urgent: Japanese auto parts suppliers fined by China over price monopoly

0 Comment(s)Print E-mail Xinhua, August 20, 2014
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A total of 12 Japanese auto parts suppliers have been fined 1.24 billion yuan (about 201 million U.S. dollars) in China due to price monopoly, China's top price regulator confirmed Wednesday.

The Japanese auto parts suppliers punished include Hitachi, Denso, Aisan, Mitsubishi Electric, Mitsuba, Yazaki, Furukawa, Sumitomo and bearing makers Nachi, NSK, JTEKT and NTN, the National Development and Reform Commission said Wednesday. Endi

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