The Emergence of the Chinese Automobile Sector

Mark Baker and Markus Hyvonen
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Mark Baker: Reserve Bank of Australia
Markus Hyvonen: Reserve Bank of Australia

RBA Bulletin (Print copy discontinued), 2011, 23-30

Abstract: The Chinese automobile sector has experienced rapid growth over the past decade, with China recently becoming the world’s largest producer of automobiles. Given the steel-intensive nature of automobile production, the expansion of China’s automobile sector has seen it become an important end-user of steel. With the number of cars in China still very low relative to its large population, car sales are likely to remain at a high level for the foreseeable future; accordingly, Chinese car makers should remain a significant (and growing) source of demand for steel.

Keywords: China; industry; automobile; car; sales; production; exports; imports (search for similar items in EconPapers)
Date: 2011
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