China Oct auto sales rise at slowest pace in five months - industry body

SHANGHAI/BEIJING : China's auto sales rose at their slowest pace in five months in October, from a weak base a year ago, underscoring faltering demand due to waning effect of incentives, while persistent zero-COVID policies kept consumers away from shopping sentiment.

This time of year, known as"Golden September, Silver October", is usually a high point in sales for the industry, with consumers making purchases after staying away from showrooms during the stifling summer months.

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