the growth of the automotive import-export slows down more

The fall of the interior and outside demand will provoke a slowing of the growth of the imports and the exports of vehicles in China, following the impact of the financial crisis, declared Monday the general administration of the Customs.

During the first 11 months of 2008, China bought 373 000 vehicles abroad, either a rise of 35.6% yearly in slip. The value of these vehicles reached 13.87 billions of dollars on the increase of 45%, one has learned the hotel.

However, the deliveries of cars were only 33 of 000 in November, either a growth of only 3.2%. The growth rate was of 39.2 percentage points of less that of the one of the previous year.

The administration indicated that the confidence of the Chinese consumers had declined during three consecutive months - enters August and October 2008. It entailed a reduction of the yearly sales of cars of 10.3% in November through the country.

The financial crisis also entailed the slowing of the international demand and the exports of Chinese cars.

Between January and November, the country sold abroad 609 000 vehicles, on the increase of 18.7% in relation to the same period of 2007. The exports reached a value of 8.26 billions of dollars on the increase of 42.7%. The growth rates were respectively of 59.5 points and 81.5 of percentage of percentage points, decreasing in relation to last year.


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