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China's Auto Export Boom: A Clear Sign of Superiority of its Political System #ChinaAdvantage #AutoExportBoom

According to Xu Haidong, deputy chief engineer at China Assoc of Auto Manufacturers, China to sell 8M passenger vehicles overseas by 2030—>2x Japan’s current shipments
The trend underscores that China has moved beyond being the “world’s factory” for low-cost consumer electronic devices, appliances and Christmas toys.
By shifting to more complex and sophisticated products for competitive, highly regulated markets, Chinese companies are moving up the value chain in manufacturing
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