Guangzhou's car quota hurts more than helps industry

Guangzhou's car quota hurts more than helps industry

Guangzhou : China | Aug 07, 2012 at 12:29 AM PDT
Source: Chinadaily
Views: Pending
The government of Guangzhou has decided to emulate Beijing and Shanghai by clamping down on the number of cars on the road. There is little doubt that this policy will hurt the automotive industry even if it brings about a purchasing frenzy in the short term. FULL ARTICLE AT Chinadaily
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