Car sales rose 11.6% year-on-year to 2.8 million in January, according to statistics published by the China Association of Automobile Manufacturers (CAAM), Caixin reports. The fast growth took analysts and industry insiders by surprise, as many expected the auto industry to experience weak growth in 2018 due to the phasing-out of tax incentives for car purchases by […]
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It’s the lull before the Chinese New Year sleep. Famous last words, but we expect nothing much in the next two weeks in terms of Korea, stock markets, US-China confrontations or anything else as China goes back to the “old home” or settles down with a bowl of noodles and a warm screen. This CNY finds China […]