Tag: china slowdown
China, the world’s largest automotive market, has more bad news for automakers. The slump in China's auto sales refuses to die down.
The US-China trade war has taken a toll on the Chinese economy. In August, China’s producer price index fell to its lowest level in three years.
US President Donald Trump announced new tariffs on Chinese products. Most Chinese products could be weighed down by Trump's tariffs before 2020.
Tesla announced price hikes in China. The Model X is 2.4% higher at 809,900 yuan. The Model 3 long-range dual-variant model rose 2.3% to 439,900 yuan.
China’s economy is slowing considerably, which isn't news. Every new data point coming out of the country corroborates this slowdown.