The "Chicken Game" of Chinese Automobile Companies...
Machine translated
Chinese automobile exports reach an all-time high...
10 million units exported annually...
Despite strong sales, the automotive industry faces a loss of 363.27 trillion KRW...
Cutthroat competition through dumping below cost...
Domestic sales in China are sluggish due to reduced consumer purchasing power from the real estate downturn...
Exports to the US are blocked, so they are targeting Europe, Korea, etc...
They appear to be selling well, but they are empty shells with no substance...
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