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2013-07-18
Car makers shrug off new China sale restrictions
Car makers shrug off new China sale restrictions. China plans to restrict vehicle sales in eight more cities to curb traffic congestion and pollution, but car manufacturers are not worried, since they expect organic growth in the world's
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2013-07-17
Xiaomi takes aim at Apple after big increase in sales
Xiaomi takes aim at Apple after big increase in sales. Chinese smartphone manufacturer Xiaomi Corp said on Tuesday it sold 7.03 million Xiaomi mobile phones in the first half of this year and realized unaudited revenue of 13.3 billion yuan
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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