Car sales offer a microcosm of China’s economy

By Alfred Romann

China’s auto market offers a great case study for much of what is happening with China’s economy.

Like much of China’s broader economy, the market is slowing. Sales have been dropping steadily for the last few months. In fact, total vehicle sales fell 10.1 percent year-on-year in October and 0.9 percent month-on-month. Trade tensions and consumer concerns both play a role in the slowdown. A completely predictable and totally natural slowdown after years of ridiculous growth also play into it.

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