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12 Sep
08:48

Chinese automotive production shows steady growth in August

China’s automotive sector growth rate slowed in August, as demand for vehicles eased down. The market is retaining positive sentiment however for the rest of 2017 due to the last window for car purchasing discounts plus the onset of the traditionally strong car-buying season in China, Kallanish notes. In August China produced 2.09 million vehicles, up 4.84% year-on-year, according to the China Association of Automobile Manufacturers (CAAM). Over …
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