China's passenger car sales slumped by another 17.7 per cent compared to a year earlier to 2.02 million vehicles, 9.5 per cent lower than the previous month, according to data released by the China Association of Automobile Manufacturers on Monday. That's wider than a drop of 15.8 per cent year-on-year in December 2018.
It is the seventh straight monthly decline in the world’s largest car market, and adds to wider concerns over domestic consumption and economic growth. It also marks the the biggest one-month drop since January 2012 and the . . .
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