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China auto industry cuts 2022 outlook as commercial demand slumps

Cars drive on the road during the morning rush hour in Beijing, China, July 2, 2019. REUTERS/Jason Lee Register now for FREE unlimited access to Reuters.com Register SHANGHAI, July 11 (Reuters) – A slump in commercial-vehicle demand led China’s automobile industry association on Monday to downgrade its sales forecast, as anti-pandemic measures weighed on the …

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