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CHINA-MARKETS/AUTOS
RTX1K5WS
July 13, 2015
Kang Zhilong looks around Mercedes-Benz's SLK 200 at its dealer shop in Beijing, China, July 13, 2015....
Beijing, China
Kang Zhilong looks around Mercedes-Benz's SLK 200 at its dealer shop in Beijing
Kang Zhilong looks around Mercedes-Benz's SLK 200 at its dealer shop in Beijing, China, July 13, 2015. Prices for German luxury cars in China are tumbling as the country's stock market sell-off and worries about broader economic growth chill demand for auto brands that once commanded price premiums from affluent Chinese consumers. Kang, who owns five luxury cars, said many Chinese customers including him will wait until luxury car dealers can lower the price to some point as China's economy has had a difficult year recently. REUTERS/Kim Kyung-Hoon
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