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Chinese automakers expand into the UK as exports surge

The move is tied to a multi year rise in China auto exports amid cooling demand for new models at home, according to CNBC.

Reported · Written up by our desk · Europe

Chinese automakers are increasing their presence in the UK as demand in Britain shifts toward their vehicles, CNBC reports.

CNBC says the expansion is being fueled by the recent boom in Chinese auto exports, as buyers in the UK adopt more Chinese models.

The outlet links the growth in exports to a slowdown in China demand for new models, which has left manufacturers looking for additional markets abroad.

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