[Salon] China exports only around 16% of car production
- To: salon@listserve.com
- Subject: [Salon] China exports only around 16% of car production
- From: Chas Freeman <cwfresidence@gmail.com>
- Date: Sat, 18 May 2024 19:50:30 -0400
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- Chinese car production mostly serves domestic market
• China exports only around 16% of car production, a far lower share than (76%), (68%) or (46%)
• Chinese automakers don't have big inventories, suggesting overcapacity narrative is not 100% accurate
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