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2013-07-16
Used car sales surpass new car sales in Beijing
Used car sales surpass new car sales in Beijing. Used car sales reached 700,000 units in Beijing , for the first time beating new car sales, according to the China Automobile Dealers Association. The latest CADA data showed that new car
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2013-07-15
Europe ‘stands to lose’in trade wars
Europe ‘stands to lose’in trade wars. Europe will "lose more than it gains" if it starts a trade war with China, a former senior Belgian diplomat has warned. "I am quite convinced that China's development is the hope of European
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2013-07-15
Tighter car loans in Beijing, but cash still king for buyers
Tighter car loans in Beijing, but cash still king for buyers. The lack of liquidity at domestic banks is making it harder to get a car loan in Beijing , but that is likely to have minimal impact on the mostly cash market. An attendant of
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2013-07-15
Research finds improving domestic brand image, but buyers still wary
Research finds improving domestic brand image, but buyers still wary. A growing number of residents in major mainland cities think the domestic cars are becoming better, but more buyers still intend to purchase a foreign brand, according to
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2013-07-15
Survey: Market power moving inland
Survey: Market power moving inland. Lower-tier cities are now home to the majority of potential new car buyers As markets in first-tier cities slow in the wake of policies to ease environment al and traffic impacts, first-time buyers in
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2013-07-13
IT push aims to boost domestic demand
IT push aims to boost domestic demand. Work on 4G licenses and broadband Internet access to be speeded up China is to promote consumption of IT-related products and services as it seeks to spur domestic demand and push economic upgrading.