China’s automobile sales dropped significantly in January and industry body estimates the sales this month could drop by as much as 30 per cent due to Lunar New Year holidays that started earlier than last year and the coronavirus outbreak.
Preliminary data shows that automobile sales tumbled 18 per cent in January from a year earlier while sales of new-energy vehicles plunged 54.4 per cent, down for a seventh consecutive month, said the China . . .
To continue reading, please subscribe. You will get
- IN-DEPTH & DATA-DRIVEN reporting about key trends in China's economy and financial markets
- THE WIRE - up-to-the-minute updates of market-moving news and views. We want you to be the first to know it when something important happens.
- DETAILS - We bring you details that you won't find elsewhere. General information is everywhere, but information with details and relevant to your investment is rare.
Grab the Special Offer ! Get Yuan Talks full service at $0.6 a day!
We highly value independence. We are solely funded by subscriptions from intelligent readers like you.
Already have an account? Sign In