Luxury carmakers trade up to China market
By Li Fangfang | China Daily | Updated: 2010-02-09 07:44
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A 2011 Mercedes-Benz SLS AMG Gullwing at a recent Los Angeles auto show. Along with swelling auto sales in the country, an increasing number of luxury carmakers are eying China as a lucrative market. CFP |
China has become the target market for the world's luxury auto manufacturers as demand for upscale vehicles surged last year despite a global slump.
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