中国汽车业

China set to expand car purchase curbs

Curbs on new vehicle purchases are likely to be imposed in eight more big Chinese cities, the China Association of Automobile Manufacturers said on Wednesday, a move that could slow demand in one of the world’s hottest car markets.

The association estimated these additional restrictions would cut car sales by 400,000, or more than 2 per cent of China’s annual sales, and hit economic growth.

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