UPDATE 1-China car sales drop 19 pct in May from April


(Adds details, background, annual figures) SHANGHAI, June 15 (Reuters) - Car sales in China slid 19 percent in May from April, the second straight monthly decline, as government measures to apply the brakes to a racing economy and restrict easy auto loans kept potential buyers away. Investors and economists have been watching China's fast-growing auto sector for signs Beijing's measures to cool overheated sectors of the economy is taking effect and for indications a production boom was ...

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