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الاقتصادية
China vehicle sales fall eighth month
Car sales in China continue their decline for the eighth consecutive month, decreasing by 22.3% year-over-year in May to reach 1.53 million vehicles. This slowdown is attributed to a drop in gasoline vehicle sales, rising oil prices, as well as decreased consumer confidence and the market's focus on a mature phase after years of rapid growth. Despite the downturn in the domestic market, exports experienced a strong increase, with sales of electric and hybrid vehicles abroad rising by 112.6% in May.
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