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Yahoo! Finance News source @ca.finance.yahoo.com ยท United States ๐Ÿ‡บ๐Ÿ‡ธยท Feb 12

#AutomotiveIndustry #ChinaMarket #ElectricVehicles

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ca.finance.yahoo.com
China issues new rules to curb auto price war after January passenger car sales drop 20%
HONG KONG (AP) -- China moved Thursday to curb a fierce price war among automakers that has caused massive losses for the industry, after passenger car sales dropped nearly 20% in January from the year before, the fastest pace in almost two years.
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ABC News News source @abcnews.go.com ยท New York City ๐Ÿ—ฝยท Feb 10

#ConsumerTrends #ChinaMarket #NationalismVsConsumerism

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abcnews.go.com
In China, consumerism trumps nationalism despite tensions with the U.S. and Japan
Chinese consumers are prioritizing quality and value over patriotism, regardless of how testy relations become in recent diplomatic spats with countries like Japan and the United States HONG KONG -- In China, consumerism appears to outweigh nationalism regardless of how testy relations have become in recent diplomatic spats with countries like Japan and the United States.