CANBERRA – Chinese passenger-car exports are not expected to pose a significant threat to developed countries in the near term, New York-based international advisory firm KPMG LLP says in a new report. Although China's vehicle exports have been growing steadily in recent years, by a compound annual growth rate of 34% between 2000 and 2004, it remains a small segment, accounting for about 2% of China's total car production, the study finds. “Nevertheless, in the face of fierce competition ...
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