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Manufacturers going broke when they can't compete in a market? Why that sounds like free market capitalism, which The Economist sometimes pretends to support bu
by ZeroGravitas 2y ago
Manufacturers going broke when they can't compete in a market? Why that sounds like free market capitalism, which The Economist sometimes pretends to support but apparently can't even recognize.
> Domestic car sales have fallen in recent months, year on year. Exports in July were below expectations
The subtle shift from actual sales to "below expectations" indicates they know that the exports rose and don't want to say that for some reason.
From another source:
> First half of 2024: China's auto exports grew 30.5% year-on-year to nearly 2.8 million cars.