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Autos

China Jan-Aug vehicle exports fall 22.2%

China’s auto exports fell for the 12th consecutive month in August due to the slump in the international market, state media reported. January-August auto exports fell 22.2% to US$730.74 billion and could fall further due to an "apparent rise in protectionism in international trade," said Zhou Ruojun, an official from the Ministry of Commerce. Zhao Hang, president of China Automotive Technology and Research Center, said there were also problems with quality and after-sales service in China’s overseas car market. He said domestic auto exporters lacked knowledge about overseas demand, government policies, regulations, and certification.

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