by Summary:
There's a lot written lately about China's "collapsing" auto market as through the trade war were involved. The reality is that China started from zero and grew exponentially. Now that China has developed significantly, the pace of growth is falling off, as would be expected. Before long China is expected to approach the level of developed world where growth is based on population growth and replacement. The big news is consolidation. The Chinese auto market is consolidating as smaller firms are being left behind by the giants, again as would be expected owing to economies of scale. This implies that market power is becoming more asymmetrical as competition decreases. The challenge then becomes anti-trust. The post is a summary. The full report is available for
Topics:
Mike Norman considers the following as important: Chinese economy
This could be interesting, too:
There's a lot written lately about China's "collapsing" auto market as through the trade war were involved. The reality is that China started from zero and grew exponentially. Now that China has developed significantly, the pace of growth is falling off, as would be expected. Before long China is expected to approach the level of developed world where growth is based on population growth and replacement. The big news is consolidation. The Chinese auto market is consolidating as smaller firms are being left behind by the giants, again as would be expected owing to economies of scale. This implies that market power is becoming more asymmetrical as competition decreases. The challenge then becomes anti-trust. The post is a summary. The full report is available for
Topics:
Mike Norman considers the following as important: Chinese economy
This could be interesting, too:
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There's a lot written lately about China's "collapsing" auto market as through the trade war were involved. The reality is that China started from zero and grew exponentially. Now that China has developed significantly, the pace of growth is falling off, as would be expected. Before long China is expected to approach the level of developed world where growth is based on population growth and replacement.
The big news is consolidation. The Chinese auto market is consolidating as smaller firms are being left behind by the giants, again as would be expected owing to economies of scale. This implies that market power is becoming more asymmetrical as competition decreases. The challenge then becomes anti-trust.
The post is a summary. The full report is available for download.