Chinese language media, World Occasions, citing a state media report (CCTV):
- China’s annual manufacturing of recent power autos surpassed 10 million models on Thursday, data by way of China Affiliation of Vehicle Producers.
- the primary nation to achieve this milestone globally
- output for the entire 12 months is predicted to achieve 12 million
The US and EU have rapidly constructed partitions (tariffs and different imposts) to guard home car producers. This isn’t often a recipe for thriving business.
This text was written by Eamonn Sheridan at www.forexlive.com.
