Economy
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EconomyChina auto sales fall for 10th straight month as weak spending weighs
China’s car sales declined for a tenth consecutive month in July, as subdued consumer spending continued to pressure the world’s largest auto market. Domestic sales fell 21 per cent from a year earlier to about 1.5 million vehicles. Automakers are competing to remain ahead as the home market slows. Their strategies now extend beyond price cuts, with artificial intelligence being used to differentiate products. CNA also spoke with the chief executive of InfiMotion Tech about the industry’s direction.