The Chinese car industry peaked, a decline is expected next year ..

According to the China Automobile Manufacturers Association, car sales in the country in November 2018 amounted to about 2.54 million units, which is 13.9% less in annual terms against the background of the ongoing trade war with the United States. At the same time, in January-November of the current year, this figure was about 25.42 million units, which is 1.7% less than a year earlier. According to the estimates of the industry association (November 2018), in 2018 car sales in China will decline (for the first time since 1999) by 2-3% (y / y) amid slowing economic growth and lower external demand.

It is expected that in the fourth quarter of 2018, China's automobile industry will consume about 13.09 million tons rolled products, which is 0.9% more than the previous one.

Source of GP "Ukrpromvneshexpertise" >>