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The article also says: “Researcher IHS Markit predicts the 100 million vehicle milestone will be surpassed in the next decade, but only because of growth in Ch
by melling 7y ago
The article also says:
“Researcher IHS Markit predicts the 100 million vehicle milestone will be surpassed in the next decade, but only because of growth in China, India, Russia, and other emerging markets”
China is already a much bigger car market than the US.
They are also experiencing a bit of an economic slowdown, probably cause by the trade war.
https://markets.businessinsider.com/amp/news/china-economic-growth-slowing-to-30-year-low-trade-war-2019-7-1028342430 https://markets.businessinsider.com/amp/news/china-economic-...