Global Auto Makers Dented as China Car Sales Fall for First Time in Decades

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Chinese passenger-vehicle sales fell last year for the first time since 1990 as economic uncertainty weighed on consumers

 

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But the economy is global. Their pain is our pain. Wake up and smell the repercussions.

No surprise, China consumers are losing money everywhere, stock market disaster, bond market defaults, real estate market being contained, Chinese yuan devaluation, national income shrinking.

good

So there Government isn’t buying as much as they used too because Trump is squeezing them 👍

Trade war led to this

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