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Asia Sentinel

Is This the China that Can't?

John Berthelsen's avatar
John Berthelsen
May 19, 2011
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For the first time in more than two years, car sales in China declined in April, recording 1.55 million units, down 0.25 percent over last year against a forecast by the industry of 10 percent annual growth for 2011.

China could be facing a production glut of as many as 10 million cars by the end of this year, according to some estimates, because of the …

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