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Winter for China’s auto sector is getting colder

Last updated on October 30, 2018

China's auto industry is feeling a colder winter, with sales drop widening, as a phasing out of tax brake and a slowing economy amid more uncertainties arising from worsening trade disputes with the US are bringing to an end to almost three-decade expansion in the world's largest auto market.

China's auto sales dropped 11.6 per cent in September from a year earlier, the biggest drop in seven years, shows the data released by China Association . . .

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