China's car rush sends sparks in commodities

Newswire

By Nao Nakanishi HONG KONG, Dec 23 (Reuters) - China's car boom is fanning hopes of a surge in the nation's appetite for metals and rubber, and some fear this could tighten global supplies of the commodities. China's car sales topped one million units in the first 11 months of this year, posting a stunning 55.4 percent jump in sales compared with the same period in 2001. As global car makers increasingly set up assembly plants in China, trade officials said China's demand for rubber, ...

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