AutomobilesUS 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
CK TAN, Nikkei staff writer
September 9, 2020 13:03 JST
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.