China's vehicle sales rise 8.1%

Monday, 11/07/2016 | 13:57 GMT-0

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China's vehicle sales, as per the automakers association, climbed in the first half of the year 8.1%, well above the analysts' estimations.

Amid the nation's economy having slowed before a rebound in October due to a tax cut on small cars, China's sales growth stalled last year.

China's sales figures seem astonishing

The majority of the economists and analysts doubted the sustainability of the rebound, while the sales figures were indeed astonishing and surpassed the expectations.

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Source: https://www.argusfx.com/en/research-education/market-analysis/news/china-s-vehicle-sales-rise-8.1

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