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China car sales growth weakens in June amid trade battle

2018-07-11 12:58

China's car sales decelerated in June, adding to economic worries for Beijing amid a worsening trade battle with Washington.

An industry group, the China Association of Automobile Manufacturers, said Wednesday (July 11) sales of SUVs, sedans and minivans rose 2.3% in the most populous auto market, down from May's 7.9%.

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Weakness in auto sales comes as China's economic growth cools after the government tightened controls on bank lending to curb surging debt.

Read more on:    united states  |  china  |  industry news  |  car sales

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