China will bypass Japan and will come out on top on export of cars this year - FT

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China this year probably will overtake Japan and becomes the largest world exporter of cars, writes newspaper "The Financial Times". Export of cars from China in January-July grew by 74% in comparison with the same period of last year, to 2,8 million, from which 1,8 million - cars with petrol engines. Volumes of export grow against deep structural problems in automobile branch within the country where production sharply exceeds demand, the newspaper notes. Serious divergences are connected with that representatives of branch could not guess three key trends truly: sharp decrease in demand for cars with...