Some pundits have predicted that China's auto market is unstoppable. To prove their point, they often point to the country's booming middle class, who aspire to own the same luxuries as their counterparts in the West. On the face of it, the numbers make sense. China is massive -- with nearly 1.4 billion citizens, it's more than four times the size... China's Auto Market May Not Be As Strong As Everyone Thought
July 09, 2015 at 11:18 AM EDT
Some pundits have predicted that China's auto market is unstoppable. To prove their point, they often point to the country's booming middle class, who aspire to own the same luxuries as their counterparts in the West. On the face of it, the numbers make sense. China is massive -- with nearly 1.4 billion citizens, it's more than four times the size...
Some pundits have predicted that China's auto market is unstoppable. To prove their point, they often point to the country's booming middle class, who aspire to own the same luxuries as their counterparts in the West. On the face of it, the numbers make sense. China is massive -- with nearly 1.4 billion citizens, it's more than four times the size... 