In an already fragile global economic context, the Chinese slowdown acts as a shockwave for European companies in iconic sectors such as luxury and automotive. While these industries had grown accustomed to sustained growth driven by the appetite of the Chinese market, the signals from the third quarter paint a grim picture. Behind the numbers lies a faltering economic model, which raises deep uncertainties about the future of trade between Europe and China.
L’article Luxury And Auto Sectors Hit Hard By China’s Downturn est apparu en premier sur Cointribune.