China Economic ReviewWestern car makers are hailing a new era in automobile sales in China. Increasingly major foreign car firms are toughing out the less than perfect conditions in order to make their presence felt in a country where the number of drivers is potentially huge.
As western economies face a 1993 of deepening recessions, China can look ahead to a year of flourishing growth. Our correspondent reports from Beijing on a healthy 1992 and a 1993 that looks set to see the Chinese economy taking steps to become increasingly compatible with western standards.
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