Market Chatter: China's Market Regulator Holds Fair Competition Symposium with Industry Execs

MT Newswires Live02-27

China's State Administration for Market Regulation held a symposium on fair competition to discuss market conditions, competition challenges, and proposed measures to combat monopolies and unfair practices, Reuters reported Wednesday.

The symposium was held with executives from Alibaba (HKG:9988), LONGi Green Energy (SHA:601012), Trina Solar (SHA:688599), JA Solar (SHE:002459), JD.com (HKG:9618), BAIC Group (HKG:1958) and Mercedes-Benz, according to the report.

The move aligns with China's push to boost private sector investment amid slowing growth and US tech restrictions, Reuters wrote.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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