The Export of Autos Decreases for 5 months & May Continue
The export of autos keeps decreasing for 5 months from May of 2013 on year-on-year basis. The data in September is more than August and presents low situation. Mr. Jia, the chief analyst of China Automotive Industry Consulting and Development, the instability of market and political situation of leading exporters is the main reason. The export to Russia, South America & The Middle East has been affected by the expanding of global brands. Also the appreciation RMB is a negative effect for auto export.
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