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China Goes for Luxury Cars
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China Goes for Luxury Cars

Our Correspondent
Mar 13, 2013
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China Goes for Luxury Cars
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China's luxury car market, which has been growing at a blistering pace as a rising upper middle class looks for rolling status, looks like it is on track for 20 percent growth in 2013 despite what happens to the rest of the auto segment, analysts say.

While the overall car market grew by only 7 percent in 2012 as China's economic performance slowed, lux…

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