EconomyChina’s car sales extend slide as automakers accelerate overseas expansion
China’s car sales declined for a tenth consecutive month in July, although the rate of contraction moderated. The downturn at home contrasts with robust export growth. Automakers are stepping up their overseas expansion as they seek to offset cut-throat competition in the world’s largest auto market.
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Reuters★★★☆☆2026-08-11 11:01Original
China’s car sales extend slide as automakers accelerate overseas expansion
Economy