MW: Dow futures drop 300 points as China property fears grow
(Story headline later – @ around 10.15 BST – updated as follows: “Dow futures skid ...
Chinese auto sales in January declined 18% on year to 1.94 million vehicles, the government-backed China Association of Automobile Manufacturers said Thursday.
With the Lunar New Year holiday falling in late January this year, as opposed to early February in 2019, the on-year decline in sales was expected. Commercial activity typically grinds to a halt during the weeklong vacation.
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