Nissan Cuts Losses, Faces Sales Challenges in China

• Nissan has reduced its losses compared to the previous year.
• The company expects to return to profitability for the full year.
• Nissan reported worse-than-expected operating profit in the fiscal second quarter.
• High costs and poor sales in China contributed to Nissan's financial setback.
• Nissan's recovery efforts are being hindered by increased competition in China.