Blog: Dave LeggettChina boom

Dave Leggett | 20 May 2003

Sounds like China's booming car industry is still looking very strong this year, although there are signs of a SARS slowdown. China's production of passenger cars accelerated in April with output jumping 84% on year to 166,900 units according to official data. But it is reported that sales slowed in the second half of the month as the SARS outbreak took hold. Cumulative production of passenger cars for the first four months of 2003 totaled 565,400 vehicles, more than double the figure for the same period last year.

I notice that the number of SARS cases being reported in China has come down in the last few weeks - if you believe what the Chinese government reports. Looks like Taiwan is being hit harder now though.


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