China vehicle sales race ahead
By Li Fangfang | China Daily | Updated: 2014-01-09 07:09
Double-digit gain beats forecast, but slowdown seen
After virtual stagnation for two years, passenger vehicle sales in China surged 17 percent in 2013, which beat industry expectations of a single-digit rise.
But analysts forecast the sector to see a slowdown this year as restrictions on vehicle sales in more cities go into effect as the government tries to curb pollution.
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