Auto sales stall

Total car sales rose 6.4% YoY in the first nine months, slightly shy of our forecast growth rate of 8% (CC Jun 16 2011, Big Call), to total 10.5m units. Sales growth in September was higher, climbing 8.8% YoY to 1.32m. But while the overall picture lacks excitement – at least by the sizzling standards of 2010, when car sales zoomed 33.29% YoY – several important trends are clear.

China Confidential Funds

China Confidential Funds, a new research service launched by FT China Confidential, is dedicated to illuminating the mainland fund industry. Our team of fund industry experts in Shanghai search out the interesting trends in fund performance, strategy, interactions with overseas funds, regulatory changes, distribution and management. We also use a proprietary system to track the emerging flows of Chinese money. Click here to find out more.

Other Articles on this Issue

• Financial China

  Selected Financial Charts

  Privatisation is part of solution to LGFV debts – officials

  Into the rescue phase

• Macro View

  Rescues underway

• The Best of Chinese Commentators

  Monetary policy – the future

  Property restrictions to ease?

• Consumer China

  Fashion apparel – shooting for the stars

  Lilang – the look for middle-aged men in lower-tier cities

  Metersbonwe – youth hit seeks to move upmarket

  Giordano – casual appeal spreads in lower-tier cities

  Esprit – still struggling to locate the Chinese spirit

• View issue