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China posts 26th annual auto sales record in a row

  Bloomberg China posted a 26th consecutive annual auto sales record with a month to spare, fueled by a cut in levy covering a large swathe of the industry. The lurking concern is that the streak may end if the tax break isn’t extended. With three weeks left until the tax break expires, the government has yet to indicate whether ...

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Nissan to focus on cost, tech with policy beyond its control

  Bloomberg Nissan Motor Co., the Japanese automaker that’s become symbolic of what it means to be a truly global manufacturer, has a simple plan to navigate an unprecedented level of uncertainty around policy and regulation: focus on what’s in its control. “The regulations are not in our control, but what is in our control is that we stay competitive ...

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China’s illegal scrap mill crackdown closes in on biggest steel-making city

  Bloomberg China’s crackdown on illegal steel mills, which has sent prices to two-year highs, would target about 6 percent of output in the nation’s biggest steel-making city of Tangshan, according to consultancy Mysteel Research. Tangshan’s total output of about 100 million metric tons — around an eighth of the nation’s supply — includes about 6 million tons of steel ...

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