Friday 15 August 2008

Slowing car sales affect China (CN)

China, one of the worlds most populated countries and the highest CO2 emitter is experiencing a slowdown in car sales. Yep, it's been four months of sagging sales for the Chinese. Some are blaming the Olympics, others higher gas prices. Whatever the reasons, passenger car sales have dropped 12% month on month, a decline that has lasted for four straight months.

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