Slowing growth for auto imports
By Li Fusheng | China Daily | Updated: 2014-12-29 07:27
Report: Oversupply and local production dampen demand
Vehicle imports will likely decelerate in China as the economy slows and dealers attempt to move out existing oversupplies of inventory, said a report by one of the country's largest auto wholesalers.
Growth in imports will fall to about 10 percent in 2015 from an estimated 15 percent this year, according to the report from Sinomach Automobile Co.
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