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Economy

Why China’s Car Industry Is Crashing On Its Own Turf

BEIJING — It is not exaggerating to describe China’s automobile market as rolling into its “Golden Age.” According to the China Association of Automobile Manufacturers’ latest data, from January to April this year the passenger car market grew by 10% to 6.48 million cars. In comparison, for the first quarter of this year, the U.S. […]

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