The Large Hole Left by Chinese Real Estate: Part Two
Advanced manufacturing export is a USD 2.5 trillion industry
“Just five years ago China shipped only a quarter as many cars as Japan, then the world’s biggest exporter. This week the Chinese industry claimed to have exported over 5m cars in 2023, exceeding the Japanese total. China’s biggest carmaker, BYD, sold 0.5m electric vehicles (EVs) in the fourth quarter, leaving Tesla in the dust… By 2030 China could doub…
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