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Chinese economy

World news about “Chinese economy” published by euronews.

04/08 15:42 CET

Car sales hit by downturn in China

Car sales hit by downturn in China

Luxury car maker BMW has been hit by a downturn of sales in China, the world’s biggest car market. The Munich-based company said that net profits fell to 1.75bn euros in the second quarter, down from 1.77bn euros a year earlier. Japanese giant Toyota reported a 10…