CPI, PPI, new yuan loans, auto sales - Buz & Tech News sina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com Daily Mail and Mail on Sunday newspapers.
Chinese auto sales up 364 8 pct in February - Buz & Tech News sina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com Daily Mail and Mail on Sunday newspapers.
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BEIJING (Reuters) - Auto sales in China, the world s biggest auto market, surged 365% in February over the same month a year earlier for their 11th month of gains, as the country leads the global industry s recovery from the COVID-19 pandemic.
Sales reached 1.46 million vehicles in February, data from the China Association of Automobile Manufacturers (CAAM) showed.
A year ago, China s auto sales were hit hard by nationwide travel curbs over the pandemic.
But the market started to bounce back in the second quarter, along with the rest of the economy, as the coronavirus was largely brought under control.