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China Auto Sales Bounce in First Quarter on Tax Cuts, Discounts
2016-04-11 21:18:39| Auto Dealers - Topix.net
China's automobile market, an engine of the country's expanding economy, rose 5% in March and 6.8% in the first quarter , with sales beating estimates and raising hopes for manufacturers that stimulus measures are working to accelerate growth. Slowing auto sales last year were a key factor in China's overall economic sluggishness, with negative repercussions spreading to investors and markets worldwide.
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Category:Automotive