China: Sales growth of 15% predicted for 2010

In a "cautiously optimistic" forecast, China's vice minister of Industry and Information Technology expects the country's automotive sales growth to drop to 15% in 2010. This compares with a growth rate of more than 40% in 2009, Bloomberg says. The Chinese government has chosen to continue with its stimulus measures in It’s time to log … Continued

• By Webmaster
• January 11, 2010