A production line for Volkswagen Tayron cars at the FAW-Volkswagen plant in Tianjin, China. Photo: Reuters

Chinese car stocks accelerate as new tax rules trigger speculation of more support from Beijing

  • Gauge of 23 carmakers rose 1.6 per cent against an unchanged benchmark
  • China’s car sales declined for the 10th straight month in April
Topic |   China stock market

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A production line for Volkswagen Tayron cars at the FAW-Volkswagen plant in Tianjin, China. Photo: Reuters
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