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Citing the impact of the coronavirus epidemic, China’s largest auto manufacturing group warned on Friday that new vehicle sales could fall more than 10% in the first six months of 2020 and by about 5% for the full year, Reuters reported Friday
At a time of uncertainty about the business outlook between the world’s two largest economies – the U.S. and China, optimism endures about the Asia-Pacific region as a whole. The Asian Development Bank said in a new report on Tuesday, for instance, the Asia-Pacific’s share of global gross domestic product surpassed one third in 2018