Is This the China that Can't?
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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