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China car sales fall for first time in more than 20 years9 Jan 2:28pm

China car sales fall for first time in more than 20 years

The Guardian
Trade war with US is handbrake on growth in world’s second biggest economy Sales of cars in China have dropped for the first time in more than 20 years, in a sign of the importance for ending the trade dispute between the US and China as the world economy begins to falter. As the US and China appeared to be edging closer to ending the trade dispute between them on Wednesday, the figures illustrate how the bitter standoff, as well as sluggish local demand, have acted as a handbrake on growth in the world’s second biggest economy.
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