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View Full Version : China Fines Five Auto Makers for Electric-Vehicle Subsidy Fraud - Wall Street Journal



FraudNews
09-08-2016, 03:22 PM
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Wall Street Journal (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNHLkxMRiA5yftb2aKy4DDMensR78A&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779204298361&ei=IILRV77CK4Wh3gGsl7ugBg&url=http://www.wsj.com/articles/china-fines-five-auto-makers-for-electric-vehicle-subsidy-fraud-1473337367)


China Fines Five Auto Makers for Electric-Vehicle Subsidy Fraud (http://news.google.com/news/url?sa=t&fd=R&ct2=en_za&usg=AFQjCNHLkxMRiA5yftb2aKy4DDMensR78A&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779204298361&ei=IILRV77CK4Wh3gGsl7ugBg&url=http://www.wsj.com/articles/china-fines-five-auto-makers-for-electric-vehicle-subsidy-fraud-1473337367)
Wall Street Journal
SHANGHAI—The Chinese government has fined five auto makers it says defrauded it of a total of 1 billion yuan ($150 million) worth of subsidies aimed at promoting electric vehicles, the finance ministry said Thursday. Four of the bus-making companies ...

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