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Ford (F) Stock Slumps Despite China Auto Sales Growth

NEW YORK (TheStreet) -- Ford (F - Get Report) stock is declining by 1.01% to $12.69 in mid-morning trading on Thursday, despite reporting 2016 first quarter sales growth in China.

The automobile manufacturer announced that sales in China rose by 14% to 314,454 year-over-year for the most recent quarter.

Growth was driven by high demand for its...