China's automobile manufacturing industry head – expects growth to halve this year via ForexLive

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Dong Yang, secretary general of the China Association of Automobile Manufacturers (CAAM) says he expects growth in China's auto market will halve to 7%

  • He cites a slowing economy
  • “The economy is slowing. The auto industry would reflect that but typically lags the economic cycle by a bit.”

Reuters have more

posted via ForexLive

Posted In: ForexGlobalEconomics
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