New vehicle sales in China fell by over 4% to 1.89 million units in July from 1.97 million units a year earlier, according to data released by the China Association of Automobile Manufacturers (CAAM).

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Trade tensions on the rise

Arrangements for international trade have become an area of concern for OEMs and suppliers with global sourcing strategies and international supply chains. Tensions have risen between the US and other countries - especially China, but also including the EU.

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