"The tactic is only one sign that China's car industry – the world's largest – is allowing production to outpace demand, driving a protracted domestic price war and spurring accusations of automotive "dumping" abroad."
Yep, so much demand, the Chinese have to do shonky stuff and dump vehicles overseas that they cannot possible sell within China intself.
But the rest of us knew that.
PLS Price at posting:
$1.32 Sentiment: None Disclosure: Not Held
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