For the first time since the 1990s, car sales in the world’s biggest car market shrank in 2018, as China grapples with a slowing economy and the trade war with the United States. Photo: ReutersFor the first time since the 1990s, car sales in the world’s biggest car market shrank in 2018, as China grapples with a slowing economy and the trade war with the United States. Photo: Reuters
For the first time since the 1990s, car sales in the world’s biggest car market shrank in 2018, as China grapples with a slowing economy and the trade war with the United States. Photo: Reuters
Economy /  China Economy

China moves to spur car sales in bid to boost slowing economy, but is there enough demand?

  • National Development and Reform Commission plans to loosen restrictions on the second-hand car market as part of a flurry of measures
  • For the first time since the 1990s, car sales in the world’s biggest car market shrank in 2018 due to a slowing economy and the trade war with the United States

Topic |   China economy
Reuters
Reuters

Updated: 10:52pm, 29 Jan, 2019

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For the first time since the 1990s, car sales in the world’s biggest car market shrank in 2018, as China grapples with a slowing economy and the trade war with the United States. Photo: ReutersFor the first time since the 1990s, car sales in the world’s biggest car market shrank in 2018, as China grapples with a slowing economy and the trade war with the United States. Photo: Reuters
For the first time since the 1990s, car sales in the world’s biggest car market shrank in 2018, as China grapples with a slowing economy and the trade war with the United States. Photo: Reuters
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