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Strategies & Market Trends : China Warehouse- More Than Crockery
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To: BubbaFred who wrote (338)8/14/2003 6:32:23 PM
From: RealMuLan  Read Replies (1) of 6370
 
Auto industry, if the Chinese gov. wants to control its development, it is fairly easy. all they needs to do is to limit the available car registration. And as a matter of fact, this had been the policy 80s till mid-90s, only changed during the last couple of years. I remember that in late 80s and early 90s, some people could easily afford a car, but not the registration plate. Once just a car registration in Shanghai cost more than the car itself.<g>
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