Tag: war

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China’s Auto Sector Nears Critical Juncture as Price War Intensifies, Debt Mounts, and Supply Chains Face New Chip Crisis

The Chinese automotive industry, the largest car market in the world, is struggling to deal with a combination of extreme difficulty, including a growing price war and a systemic overcapacity, soaring debt and an imminent global shortage of semiconductors. These complex pressures are not just weakening the sustainability of the industry in the long-term, but […]

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