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VONCERT Open End auf Solactive China Automobile Performance-Index

  • Valor 11328691
  • ISIN CH0113286915
  • Symbol VZCAC
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China Automobile

China Automobile

18 February 2015

China is experiencing exceptionally rapid urbanization, with dynamic growth in its middle class and incomes rising. Demand for cars as a means of transport and as a symbol of upward mobility, but also as an expression of the desire for individuality and independence, is continuing to increase. With more than 13 million cars sold in 2009, China overtook the world’s biggest car markets – the US and Japan – for the first time. This growth is not only set to deliver a boost for domestic car manufacturers, but also companies throughout the value chain.

 

19/09/2019 23:36:07