china’s-auto-sales-are-booming.-can-the-rebound-last?

China’s Auto Sales Are Booming. Can the Rebound Last?

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https://www.barrons.com/articles/china-auto-sales-rebound-51657049730

Updated July 6, 2022 8:57 am ET / Original July 6, 2022 2:00 am ET

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While the recent recovery in much of China’s economy seems tentative, the country’s car market—the largest in the world—is showing a robust rebound, particularly among U.S.-listed electric-vehicle Chinese brands.

The sector had been among many that ground nearly to a halt earlier this year as China’s biggest wave of Covid infections hamstrung supply chains, closed factories, and locked down major cities like Shanghai.

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