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Is the Party Over in China?
News Type: Opinion — Seeded on Thu Jul 24, 2008 11:47 AM EDT
Article Source: asiasentinel.comadvertisement
Unsold inventories are climbing, the consumers aren't biting China IndustryChina's National Development and Reform Commission (NDRC) reported today that unsold inventories of cars rose 50 percent from the beginning of the year to a four-year high; this suggests that macro challenges in China have finally reached a crisis point. The future may have finally caught up with China.
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