Photo: 2celsius.com
It is no secret that the Chinese car market is a very good place to invest money these days - that is if you have it by the suitcase-full. And while everybody is talking about foreign automakers investing in China, the country’s exports are also rising.
China, now the world’s top automaker, has managed to export 487,900 cars in the first six months of the year which is an impressive feat, considering the fact that China’s policy towards automobiles has only changed in recent years, so the rise is noticeably steep.
This total exports figure represents a 28% increase over last year’s numbers, and while Chinese companies seem to be run by people who really have no idea how to make cars (and just copy others - sometimes blatantly), some domestic manufacturers are employing foreign specialists to get them off the ground in a constructive and unique way.
This total exports figure represents a 28% increase over last year’s numbers, and while Chinese companies seem to be run by people who really have no idea how to make cars (and just copy others - sometimes blatantly), some domestic manufacturers are employing foreign specialists to get them off the ground in a constructive and unique way.
Also, aside from its exports, China made quite a few cars for its internal markets: no fewer than 9.53-million units in the first six months of the year - again, a very impressive feat, marking a growth figure 4.08%.
Story via The Economic Times
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