On August 19, 2014 (Chinese Time), JTEKT CORPORATION (“JTEKT”) has been imposed  on a fine of 109.36 million Chinese Yuan (approximately 1,800 million Japanese Yen) by the  National Development and Reform Commission (“NDRC”) of People’s Republic of China for  violation of Chinese antitrust law in relation to some past sales of bearings in Chinese market. As JTEKT treats this matter[Read More…]