CHINA AUTO INDUSTRY BOSS PREDICTS SOLD GROWTH AS MARKET BALANCES
December 1st, 2012
AS the New Year turned, economists have focused on how China’s economic growth is steadier pace than in the last decade and the auto sector following suit. Speaking exclusively to wardsauto, Dong Yang, secretary general and executive vice chairman of the China Association of Automotive Manufacturers (CAAM), said China sales and output of autos in 2012 should maintain the previous year’s year-on-year (YoY) increase of 5%. Speaking in the former machinery and electronics industry ministry office complex (where Dong once worked), the former Beijing Auto ...
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