Automobile parts makers make hay in downturn
By Li Fangfang | China Daily | Updated: 2009-07-01 08:06
While China's vehicle exports were severely battered by the global economic downturn, its automobile parts suppliers have been faring well in overseas markets.
According to Customs figures, in the first four months, while China's vehicles exports continued to fall, auto parts exports showed some signs of recovery.
China exported auto parts valued at $3.08 billion in the first four months, down 36.7 percent year-on-year.
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