CHONGQING -- China's slowing car market is increasingly prompting local governments to step in and provide financial support for struggling local and international car companies as Chinese government officials fear the effect of rising unemployment.
Automobiles
'China's Detroit' struggles to keep its auto industry afloat
Ford and BAIC Yinxiang factories limp along with government fund injections
As China's car market shrinks, snapping a 28-year expansion streak, many foreign and domestic automakers are struggling with unused capacity. © Reuters
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