Challenges reshape domestic market
By John Bonnell | China Daily | Updated: 2009-04-20 07:50
After eight months of sluggish growth in China's automotive industry, expectations for a major turnaround are growing - but a look at economic conditions in China does not make it clear why.
With little good news on the economic front, the optimism can only be attributed to a confidence in government efforts to manage the economy and the industry.
From stimulating demand to promoting a technological transformation, Beijing is indeed drawing extensively from its policy toolbox to stimulate and shape China's automotive industry. What impact is government having on China's automotive industry?
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