A fresh wave of steep price cuts by BYD sent shockwaves through China’s auto sector, raising fears of escalating price wars and causing the automaker’s stocks to tumble. At the same time, an industry leader’s warning about the emergence of anRead more https://www.theepochtimes.com/china/fierce-price-war-batters-chinas-auto-stocks-as-industry-leader-warns-of-evergrande-like-crisis-5864680