China is threatening to fine a US automaker for monopolistic behaviour in what some analysts are calling a warning by Beijing in response to heightened tension with the incoming US administration of president-elect Donald Trump.
Zhang Handong, director of Beijing’s powerful regulator the National Development and Reform Commission’s price supervision bureau, declined yesterday in an interview to name the company.
However, he told the state-run China Daily newspaper said investigators had found that the carmaker had given instructions to its distributors to fix prices as far back as 2014.
然而,他告诉官方的《中国日报》,调查人员发现这家汽车制造商早在2014年就指示经销商固定价格。
Analysts speculated the timing of the interview may have something to do with Mr Trump’s support for Taiwan.
分析人士猜测,这一采访的时机可能与特朗普支持台湾有某种关联。
The government chose this timing because this is a transitional period for US-China relations, said Zhong Shi, an independent automotive analyst in Beijing.
政府选择了这个时机,因为现在是美中关系的一个过渡期,北京的独立汽车分析师钟师表示。
By targeting the US automakers from among all the companies out there, China is taking pre-emptive action to show that Beijing is capable of taking control of trade.
However, Mr Zhang said: No one should read anything improper into the timing of penalty decisions or businesses that are targeted, and emphasised that both Chinese and foreign businesses were being held to account for anti-competitive behaviour.
Mr Trump a fortnight ago broke nearly 40 years of protocol when he accepted a congratulatory telephone call from Taiwan’s leader Tsai Ing-wen — a move that irked Beijing, which regards Taiwan as an inalienable part of China.
Last weekend, Mr Trump went a step further and questioned the One China policy, under which the US withdrew diplomatic recognition of Taiwan in 1979 in favour of Beijing.
China hit back, saying the policy was the bedrock of relations between the two countries.
中国作出回击,称该政策是两国关系的基石。
An editorial in the same paper on Tuesday urged Mr Trump to consider the importance of close economic ties between China and the US, rather than trying to gain an upper hand in what is essentially a win-win relationship.
History proves that what is good for Sino-US relations is good for their economies, it said, adding that Chinese customers bought more than a third of the almost 10m vehicles General Motors sold worldwide last year.