China’s exports are tapering off as the world economy teeters,but investment and consumption have maintained momentum, offsetting the impact of weakening exports. The auto market continues cooling as the with drawal of policy incentives pours cold water on buyers’interest. A bright spot is the ecommerce sector, which reported surprisingly brisk growth in the third quarter. China’s industries are currently the world’s most competitive, but the road ahead will be a bumpy one.
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