[1/2] A view shows the booths of German carmakers Audi and Volkswagen at the Auto Shanghai show, in Shanghai, China, April 19, 2023. REUTERS/Aly Song/File Photo SHANGHAI, July 28 (Reuters) - For foreign automakers in China, it is time to double down on a turnaround or cut losses after ceding their leadership of the world's biggest auto market to local, upstart brands. Announcements from some of the world's largest automakers in recent days show they are taking a divergent path: some German brands and General Motors (GM.N) are betting on new electric vehicles, while Toyota (7203.T) and others have shifted...