China on track to become world’s top car exporter – Moody’s ...News

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China on track to become world’s top car exporter – Moody’s
source : Russia Today ( News ) () 18
The country may overtake leader Japan by the end of 2023, the ratings agency has predicted  China is on course to overtake Japan and become the world’s biggest exporter of cars by the end of the year, Moody’s Analytics said in its latest report.    According to the findings, China is now challenging Japan, having narrowed the gap to about 70,000 cars per month in the second quarter, compared to almost 171,000 in the same period last year. The country’s exports have reportedly been boosted by demand for electric cars and by sales to Russia. Last year, China overtook Germany to become the world’s second-largest car

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