"Meanwhile, suppliers have postponed further plans of capacity expansion, hoping to moderate the price decline." Sounds like price fixing to me. You either are in the market to compete, or you get out of it. I hope China Gov punishes heavily the companies for this.

Silva:

"Meanwhile, suppliers have postponed further plans of capacity expansion, hoping to moderate the price decline." Sounds like price fixing to me. You either are in the market to compete, or you get out of it. I hope China Gov punishes heavily the companies for this.

I agree. Some ppl here seem to think the Chinese BILLIONS fines are "soft" amd useless but it's simply a minor advice for corps. (If needed) The next step is jail time for the local execs in nice Chinese prisions and that's not a joke there.