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China's Car Sales Just Fell for First Time in Over 20 Years

  • Automakers’ expansion plans in doubt as demand stalls
  • Stimulus plan, trade-talk progress offer ray of optimism
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Bloomberg’s Charlie Zhu reports on China’s auto sales.(Source: Bloomberg)
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The growth engine for the world’s car industry has been thrown into reverse, with China recording the first annual slump in auto sales in more than two decades -- though progress in trade talks with the U.S. and planned government incentives offer a ray of optimism.