Dian Qu

Analyst, China Research
+44 20 3137 7263

Jonathan Fenby

Chairman, China team and Managing Director, European Political Research
+44 20 7246 7880

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Steering through China’s decelerating auto sector

Overview

Although China’s auto industry will not maintain its breakneck expansion of 2009 and H1/10, we believe that demand potential and government support will produce strong growth by global standards in 2010 and a sustainable pace of growth into the coming decade. Promoting car purchases is an important part of the government’s efforts to rebalance the economy towards consumption-driven growth. However, equity investors in the automotive sector need to be aware of the differences among...

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