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China: Covid, autos and chip shortages hit May activity data
Aggregated Source: ChinaLegalBlog.com

Subscribe to THINK Cars hit retail sales, not Covid

The timing of the Covid resurgence in China is important. Though retail sales slowed down to 12.4% year-on-year in May from 17.7% a month ago, this was mainly due to very slow growth in car sales of 6.3% YoY.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.

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