Political Risk

Chinese military ordered to buy locally-made vehicles

“Chinese leader Xi Jinping has ordered the military to choose domestic brands when procuring vehicles, part of a broad effort to reduce costs and buy locally-produced goods, state media reported. The decision, contained in a circular issued late on Monday, follows a ban in April on the use of military license plates on luxury cars, most of which were foreign brands.”

Source: Chinese military ordered to buy locally-made vehicles | Reuters

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