China's auto industry saw a 30% rise in sales revenue....and a 64% rise in profits!
Steel prices have gone down and domestic demand is up = fat and happy.
China's Huiyu Rating Agency says the outlook is Rosy - Chinese Red rosy.
One of the reasons for the growth in car sales, say some, is the rise in housing prices.
Continue reading...
China's Auto Industry Shows 60% Leap in Profits
samnut (2006-11-03 09:39:28) 评论 (0)China's auto industry saw a 30% rise in sales revenue....and a 64% rise in profits!
Steel prices have gone down and domestic demand is up = fat and happy.
China's Huiyu Rating Agency says the outlook is Rosy - Chinese Red rosy.
One of the reasons for the growth in car sales, say some, is the rise in housing prices.
Continue reading...