BMW.DE
🇨🇳 BMW’s recent balance sheet indicates a weak demand in China, a crucial market for the automotive industry.
📉 This weak demand aligns with broader economic indicators suggesting a global slowdown, particularly in major economies like China.
@marcosemmimfp:
“When you look at the balance sheet that came out here a little while ago from BMW, it says, ‘Hey, we see very weak demand from China.’ So, something, everyone is saying, ‘Here it breaks, everything breaks.’ You’re stepping on glass, you see, and the other one comes with a hammer.”
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