China’s Car Market Chaos: Helpless Car Owners Would Rather Smash Them With a Hammer Than Sell

"Dear friends, the Chinese economy is slipping into a deep recession. Unemployment is widespread, people are tightening their belts, and consumer demand is collapsing. In that gloomy wave, the used car trade has plunged into crisis. Cars that were once prized assets—the dream of many families—are now gathering dust in lots, sitting unsold for months.

#china #chinatruths #chinanews"