A man walk past the various trademarks of carmakers at a car market in Beijing. Photo: AFP

Beaten down car stocks to rev up as Chinese policymakers take steps to boost dwindling sales

  • The State Council, China’s cabinet, rolled out plans to spur car buying as part of a drive to bolster consumption amid an economic slowdown
  • An index of Chinese car stocks has climbed 2.8 per cent this week and is on track for the best weekly performance since July
Topic |   Autos

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A man walk past the various trademarks of carmakers at a car market in Beijing. Photo: AFP
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