Chinese Suppliers Protest Payment Cuts by Chongqing Changan Automobile

Chinese Suppliers Protest Payment Cuts by Chongqing Changan Automobile.

Suppliers to Chongqing Changan Automobile, a state-owned Chinese automaker, have expressed their dissatisfaction after the company reduced their payments by 10%.

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The suppliers argue that they are unfairly being made to bear the costs of the industry’s intense price war.

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They further warned that the payment cuts would have adverse effects domestically.

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