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To the surprise of many, China is now a major player in the world automobile market. Vehicle sales have risen 28% so far this year.

Full-year sales may reach 12 million vehicles, according to Chen Bin, director of the industry. Compare this to U.S. sales, which may reach 10.5 million this year.

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China is now a major player in the world automobile market originally appeared on BloggingStocks on Sun, 06 Sep 2009 14:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BYDChen BinChinaChinas auto industryGeneral MotorsGMinthenewsWarren BuffettSun, 06 Sep 2009 14:10:00 EST