TOKYO – The prevailing winds are blowing both hot and cold across China's boisterous economy and explosive automotive market. "Beijing has attacked the nation's economic bubble with drastic measures," says Tomoo Marukawa, a University of Tokyo professor and auto expert, returning from his most recent trip to the mainland. Most cars in China are too expensive for average consumer. These measures in 2004 included a reduction in public spending and a clamp down on consumer loans, yet ...

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