China car sales gain for fourth straight month

China car sales gain for fourth straight month

Preliminary figures for July show vehicle sales in China advancing for a fourth straight month as buyers gradually return to auto showrooms. The figures are good news for China's economy as a whole, which looks to have returned to growth--very modest growth--as the...

In China slumping car sales signal it’s time to get out those central bank cash hoses again

Think there’s a connection here? New car sales in China fell in June for the first time in more than two years. And last week the Communist Party’s Politburo pledged policy changes in the second half of 2015 to accelerate growth. The proposals are heavy on the tried and true of infrastructure spending and big increase in the funds available for debt financing.