China Car Imports by 2010(Reuters)

According to a Reuters report, cars made in China will likely flood the American market by the end of this decade.

The director of the Office of Automotive Affairs at the U.S. Department of Commerce says that, “Global automakers lack the production capacity to meet fast-growing demand in China while also using it as an export base.”

June 23, 2004, 3:01 PM
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Categories: Economy