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China's Automakers Gear Up for Expansion: Doubling Overseas Production to Counter Tariffs

China's Automakers Gear Up for Expansion: Doubling Overseas Production to Counter Tariffs
8 months ago

In a strategic move to overcome escalating tariffs and market challenges, Chinese automobile manufacturers are poised to double their overseas production capacity. This bold initiative is a response to the growing pressures from U.S. tariffs and declining sales within China, prompting carmakers to diversify their manufacturing and secure new markets abroad.

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