Slow-Motion Crash Sees Chinese Auto Stocks Skid 40% This Year

By Anonymous

Chinese auto makers are contending with sales drops as Beijing clamps down on credit to car buyers

Most Asian stock markets were little changed Tuesday, with China’s Shanghai Composite and South Korea’s Kospi rising by around 0.1%, and Japan’s Nikkei 225 down by around 0.1%.

Tuesday’s Big Theme

Chinese auto makers are grappling with falling sales as a broad clampdown on debt limits credit to prospective vehicle buyers.

What’s Happening