Workers assemble parts of a Volvo car at an auto manufacturing plant in Chengdu, Sichuan province. Imported luxury cars have become more expensive as a result of the cheaper yuan. Photo: Reuters

Luxury imports hurt by weak yuan as Chinese consumers favour local brands

Topic |   Yuan

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Workers assemble parts of a Volvo car at an auto manufacturing plant in Chengdu, Sichuan province. Imported luxury cars have become more expensive as a result of the cheaper yuan. Photo: Reuters
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