China's Motorcycle Industry Body Calls to Rein In Price War, Warns Against Excess Competition

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The China Chamber of Commerce for Motorcycles, an industry body in the world's largest motorcycle-exporting country, called on June 13 for manufacturers to curb price-cutting competition and shift toward high-quality growth. It warned that a flood of imitative, undifferentiated products is squeezing profits and damaging the reputation of Chinese manufacturing, and it recommended avoiding below-cost sales, respecting intellectual property, improving quality and investing in technology.