Overseas markets now power Lifan motorcycles
By Yang Cheng | China Daily | Updated: 2011-07-25 07:49
BEIJING - With today's uncertainty in China's motorcycle industry, it seems Chongqing Lifan Holdings Co Ltd made the right moves when it began expansion overseas in 1998.
Lifan CEO Shang You noted during the recent high-profile EICMA China - the nation's top motorcycle show - that the future for domestic motorcycle companies is "not at home, but brilliant overseas".
He based his remarks on the figures illustrating a struggling domestic market.
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