20-08-2008, 12:28 AM
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Join Date: Jan 2007
Posts: 11,310
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Growth in China auto exports slows in H1
China's auto exports grew at a slower pace in the first half, due partly to the U.S. credit crunch, rising oil prices, mounting production costs at home and appreciation of the Chinese currency, the General Administration of Customs said on Tuesday.
More difficult access to some target markets, including Russia and Venezuela, also accounted for the slowdown, the administration added.
From January to June, China exported 361,000 motor vehicles, a growth of 58.5 percent on the same ...
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