Economics

Economics

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China is sending its world-beating auto industry into a tailspin
China is sending its world-beating auto industry into a tailspin
Government policies that prioritize production targets over market demand have led to overinvestment by carmakers. The resulting glut of vehicles has created lose-lose transactions throughout the sales chain, and spawned a variety of irregular practices.
derek68·reuters.com·
China is sending its world-beating auto industry into a tailspin