Slowdown for China’s car market
29/10/2014
However, despite the slowdown, its secretary general, Dong Yang, said there was no need for concern: “The economy is slowing. The auto industry would reflect that but typically lags the economic cycle by a bit."
During the first nine months of the year, vehicle sales in China rose 7% compared with the same period last year. In 2012-13, the market grew 15%.
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