Top 10 factors effects China commercial vehicle market 2008
Everything happens for a reason. Over the past year, variety factors led a fast beginning and low end to the commercial vehicle market. Now, we select 10 main reasons and give a brief analysis.
1.Southern snow disaster
2.Sichuan Earthquake
3.Emissions upgrades
4.Beijing Olympics
5.Appreciation of the RMB
6.Implementation delays of the national standard Ⅲ
7.Fluctuations in raw material prices
8.Russia to raise the threshold for vehicle imported
9.Financial crisis
10.To cope with the Asian financial crisis; China's government issued a series of policies to rescue the market.
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