The Red Ponzi’s Vaunted Shift From Malinvestment To Shop-Till-They-Drop: Not So Much!

By David Stockman

 

Car sales in China, the world’s largest vehicle market, continue to tumble…. In March, retail sales of sedans, SUVs, minivans and multipurpose vehicles dropped 12% to 1.78 million units. This is after an 18.5% drop in February and a 4% drop in January.

 

 

https://www.zerohedge.com/news/2019-04-10/chinese-car-sales-thrashed-march-unprecedented-collapse-slump-continues

 

Leave a Comment


This site uses Akismet to reduce spam. Learn how your comment data is processed.