UPDATE 2-China car sales skid in May as economy slows


(Adds analyst comments, details) By Ben Blanchard SHANGHAI, June 15 (Reuters) - Car sales in China skidded 19.4 percent in May from April, the second straight monthly decline, as efforts to apply the brakes to a racing economy and restrict easy auto loans kept potential buyers at bay. Investors and economists have been watching the fast-growing auto industry for signs that Beijing's recent steps to cool overheating sectors of the economy were taking effect. But for market leaders ...

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