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Global Business News

The Economic Times

Global Business / The Economic Times

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China's car slump has a new escape route the rest of the world

China's auto sales decline prompts manufacturers to boost overseas exports. Domestic demand has fallen significantly, pushing companies to seek new markets. Chinese automakers are now flooding global markets with competitively priced vehicles. This influx intensifies price competition and challenges established manufacturers worldwide. Governments are responding with tariffs and increased scrutiny of imports.

9 Jul 2026 1:23 pm