BEIJING — China's pickup truck sector could see a rapid expansion in the next two to three years if the current wave of financial investment by local truck producers is any indication. The pickup truck sector historically has grown at a slow pace since its inception about a decade ago. Production was slightly more than 20,000 units in 1997, about 30,000 units in 1998 and roughly 50,000 units in 1999. With investment now at more than RMB5 billion (US$604 million), China's estimated 40 ...
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