3 Great Charts That Show How Huge China's Auto Market Is Going To Become
The latest Economics Asia Bloomberg Brief, put out by Michael McDonough, has a great section on the potential for the Chinese auto industry.
McDonough writes: "China’s goal of doubling per capita income by 2020 may boost auto sales 144 percent to almost 4 million vehicles a month, more than three times the current U.S. total."
So how will it get so big? These three charts really drive home how big it could be.