China auto sales post biggest drop in 7 years as growth engine stalls
Friday, 12 October 2018 () China's car sales fell the most in nearly seven years in September, stoking concerns the world's biggest auto market could contract for the first time in decades this year amid cooling economic growth and a biting trade war.
According to Business Insider, Ford’s sales in China have dropped in September. One reason for sales falling is President Donald Trump’s trade war with China. Another reason is the general slowdown in the Chinese economy. Data from the company shows that overall sales in China fell 43 percent...
Reuters has reported that in September, the U.S. saw the biggest drop in spending at restaurants and bars in nearly two years. Retail sales still managed to rise in September, though barely, thanks to..
Cars, not bars. That's the upshot of Americans' spending habits in September. According to Business Insider, spending at bars and restaurants dropped more than it has since 2016. However, it was offset..
Automotive news reports BMW said it will take majority control of its main China joint venture for $4.2 billion, the first such move by a global automaker as Beijing starts to relax ownership rules for..
BEIJING (AP) — China’s auto sales plunged 12 percent in September, adding to economic challenges for the country’s leaders amid a worsening tariff fight... Seattle Times - Front PageAlso reported by •Wall Street Journal •SeattlePI.com •Newsmax
China's soybean imports are set to drop by a quarter in the last three months of 2018, their biggest fall in at least 12 years as buyers curb purchases amid the... Newsmax - MoneyAlso reported by •Wall Street Journal •Firstpost •IndiaTimes