China overtakes Japan as world's top car exporter


China overtakes Japan as world's top car exporter

https://www.bbc.com/news/business-65643064

7 comments
  1. “China says it has become the world’s biggest exporter of cars…”

    China says a lot of things that aren’t true, what are the chances this is another one of those things?

  2. Sending cheap cars to lower economic countries is a market they can go for I guess

  3. Simply following in the footsteps of Japan and later South Korea. One difference is that the Chinese automobile industry has received huge investments from Japanese, German and US companies over the past few decades so this next phase should surprise no one.

  4. With the weak yen and lower labor costs, Japan may be able to stage a comeback, though. Imagine being able to buy a Toyota for $18,000 USD, for instance. The Topix is back to its bubble-era peak, and the fx situation continues to improve. Hopefully we can continue to work with BoJ to return to a pre-Plaza-esque exchange rate of 250 JPY:USD or better.

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