New Market Study, "China Autos Report Q4 2013", Has Been Published
As Chinese wages have continued rising over the years, China's attractiveness as a manufacturing and export hub, on the back of cheap labour, is diminishing (see 'Rise Of Robots As Industry Moves Up Value Chain', December 4 2012). Our long-term auto production forecasts take that into account and we see them growing in line with our auto sales forecasts, mostly to satisfy domestic demand as exports are likely to enjoy slower growth rates in the coming years.
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