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Sep 16, 2005

Analysis - China - Mixed Outlook for Auto Exports

BEIJING, China -Asia Pulse -Sept 15 2005 :- / Statistics show that in the first half of this year, the total value of China's auto import and export was 15.375 billion yuan (US$1.9 billion), with export being 9.058 billion yuan, up 57.20 per cent year on year and import, 6.317 billion yuan, a decrease of 21.31 per cent year on year, leaving a surplus of 2.741 billion yuan... The auto export boom is attributable to the rapid development of China's auto industry, the competitiveness of China's own brands and the government support...

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