China became the largest car market in the world in China surpassing the U.S. Just over 40% of all car produced in China are made by domestic automakers such as Geely, Chery, Hafei, BYD, etc. Car production in China started to increase drastically since the late 1990s due to various government incentives that encouraged auto …
China is the largest auto market in the world. Through November this year auto sales is up 34% compares to 2009. The list of China’s top 10 automakers by sales as of November 2009 and their relative market share is shown below: RANKING AUTOMAKERS JAN-NOV SALES MKT SHR (PCT) VS 2009 Â 1. SAIC Motor (600104.SS) …
One way to profit from growth in emerging markets is to invest in US companies that derive a significant portion of their business from these markets. Using this strategy one avoids the problems with the time consuming task of identifying, researching and selecting high-quality foreign companies. While investing in foreign stocks directly is a better …
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