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BEIJING (Reuters) – Chinese automaker BYD has set negotiable price reduction targets for suppliers of large-scale purchases, a BYD executive’s post on social media platform Weibo shows.
The notice was posted on the Weibo account of BYD’s Group-Brand and Public Relations Department general manager.
BYD did not immediate respond to a request for comment.
(Reporting by Liz Lee and Beijing newsroom; Editing by Sonali Paul)
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