Local sales offset Lifan export loss
By Jiang Wei | China Daily | Updated: 2009-04-28 08:19
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Models crowd around a Lifan Group 320 vehicle at the 2009 Shanghai auto show on April 21. Bloomberg News |
Lifan Industry (Group), a privately-owned motorcycle and car producer, saw its total exports decrease by 40 percent year-on-year in the first quarter this year although booming domestic sales offset most of the overseas losses.
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