TEXT-S&P: Low-cost Chinese cars won't lift Taiwan's Car Market

Newswire

(The following statement was released by the ratings agency) Aug 24 - Warming relations between Taiwan and Mainland China could soon lead to the introduction of cheaper Chinese models in Taiwan. But the island's auto market is unlikely to see significant or rapid growth as a result. This is according to the article titled "Chinese Branded Cars Are Unlikely To Jumpstart Taiwan's Sluggish Auto Market," released today by Standard & Poor's Ratings Services. In the article, Standard & ...

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