Carmakers scramble to adapt to slowing Chinese demand

[ahlam1399]

Carmakers scramble to adapt to slowing Chinese demand
NEW YORK (Reuters) - China's demand for luxury cars used to move in one direction - up. **w, the prospect of a sustained slump in Chinese demand, prompted by sharp declines in Chinese equity markets and a devaluation of the yuan, has global auto manufacturers scrambling to find new markets to sell goods.
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