New Car Sales In China Fell 5.8% In 2018
New car sales were down 5.8% in 2018, the first time since 1992 sales were down instead of up year over year. The Trump trade war was a major factor in the decline.
New car sales were down 5.8% in 2018, the first time since 1992 sales were down instead of up year over year. The Trump trade war was a major factor in the decline.
Donald Trump has failed to understand one essential point about a trade war. To win it, you need friends. In that ignorance, he is antagonizing customers at the very time his competition is courting them.
Andrew just posted a great piece on the Commerce Dept.’s preliminary finding regarding the claim that Chinese manufacturers have been dumping silicon solar photovoltaic (PV) cells and panels in the U.S. But there are atill more issues to discuss around this highly important topic. Below, I will first offer … [continued]
China’s new 12th Five-Year Plan clearly shows that rather than striving to comply with internationally agreed-upon trade rules, the Chinese government is intent on dominating solar PV and wind energy manufacturing globally. China’s new plan will direct some $1.5 trillion into solar PV manufacturing export, with polysilicon, thin-film CIGS solar PV producers and equipment manufacturers now squarely in its sights.