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US automakers in China plan layoffs despite rebound in sales

Move comes amid growing political tensions and global economic uncertainty

Traffic jams quickly returned to Beijing after lockdown. Automobile sales in China grew 16.4% in July from a year earlier.   © Reuters

SHANGHAI -- U.S. automotive companies with operations in China plan to trim staff count and shift some production abroad this year in response to the drawn-out trade tensions between the two countries, according to an American business group's survey released on Wednesday.

The planned moves come despite a rebound in automobile sales in China, fueled by state subsidies and pent-up demand following the country's relative success in containing the coronavirus pandemic.

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