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Investors continue to give Hungary the benefit of the doubt
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UPDATE 3-Political crisis spooks Tunisia s bonds
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UPDATE 1-Sri Lanka extends exchange controls, bonds under fire
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UPDATE 1-Sri Lanka extends exchange controls, bonds under fire
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China’s auto sales up four-fold in 11th straight monthly gain
11 Mar 2021 Employees at a car accessories’ manufacturing company in Huaibei, China, on Thursday. Agence France-Presse
Auto sales in China, the world’s biggest auto market, surged 365% in February over the same month a year earlier for their 11th month of gains, as the country leads the global industry’s recovery from the COVID-19 pandemic.
Sales reached 1.46 million vehicles in February, data from the China Association of Automobile Manufacturers (CAAM) showed.
A year ago, China’s auto sales were hit hard by nationwide travel curbs over the pandemic.
But the market started to bounce back in the second quarter, along with the rest of the economy, as the coronavirus was largely brought under control.