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Are China car manufacturers (almost) catching up?


Mockngbrd
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Are China car manufacturers (almost) catching up?

 

Wah damn out of topic liao.

 

The China cars today are like the Korean cars of yesteryear (think of the Hyundai Pony, Prima and Stellar). The Chinese will catch up within the next 2 decades.

Edited by Vinceng
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China has been the world's largest car market for the past decade. In 2017, sales there reached over 28 million, according to car news provider yiche.com. But last year vehicle sales dropped to some 22.4 million, according to the China PassengerCar Association, recording their first annual decline in nearly 20 years.This may help:

https://docsbay.net/the-past-present-and-future-of-chinas-automotive-industry-a-value-chain-perspective

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Where can you find the best ROI with just piece of imaginery paper that entitle you to own a vehicle for 10 years.

 

None.

We have no natural resources but we are very good at creating something out of nothing.

 

Literally, 無中生有。

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