China Automotive

China Automotive · 14. April 2019

Crossing the road in a big Chinese city three decades ago the few cars you would have seen in the sea of bicycles would almost all have been either official limousines or beaten-up Japanese saloons touting as taxis. Today, Chinese carmakers already make more cars than those of any other country. The cars in Beijing today may carry foreign badges, but they are Chinese made. The country produced 23m cars last year, outstripping Europe and putting America in the shade (see chart 1). In terms of...