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    ‘Payback’: why China’s world-beating car industry faces plunging sales at home

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    Source: South China Morning Post
    Published: 2026-07-21 08:00 UTC+10:00
    Section: General
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Business, Transport, Asia, Economy & Finance, China, World News, Business & Economy, Asia Pacific
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    Snippet:
    Chinese car brands have suffered a steep drop in domestic sales this year, with Beijing scaling back subsidies and buyers reluctant to spend
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