Report: Export slowdown puts damper on plans to go global

The recent downturn in exports by Chinese automakers poses a challenge for local companies that plan to expand globally, according to an industry report.

China exported 84,400 units in June, a decline of one-fifth from the same period last year, following a 16 percent year-on-year decrease in May, according to the China Association of Automobile Manufacturers.

Geely recently announced that it exported 9,337 units for the same period, a drop of 11 percent year on year.