China's automobile exports tip the scale

For the first time ever, China’s vehicle exports outweigh its imports, according to China’s ministry of commerce. Its 135,000 exported vehicles represent a jump of 133.6 percent over last year, while its imports of 128,000 are an 11.6 percent drop. China’s automotive industry has a ways to go before its passenger vehicle exports outweight its imports, however— the Ministry said that 59 percent of the exports are commercial vehicles.

By Erin Mays
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For the first time ever, China’s vehicle exports outweigh its imports, according to China’s ministry of commerce.
Its 135,000 exported vehicles represent a jump of 133.6 percent over last year, while its imports of 128,000 are an
11.6 percent drop. China’s automotive industry has a ways to go before its passenger vehicle exports outweight its
imports, however — the Ministry said that 59 percent of the exports are commercial vehicles.