China commercial auto mkt may grow at double-digit clip

Newswire

HONG KONG, Sept 28 (Reuters) - China's commercial vehicle market is expected to sustain double-digit growth in coming years while exports expand, consultancy KPMG said on Thursday, despite shrinking in 2005 when Beijing imposed controls on construction and investment. Extensive road projects, increased urbanisation, and heavy reliance on public transportation in the world's fourth-largest economy should drive the industry, KPMG [KPMG.UL] said in a report on China's commercial vehicles ...

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