New vehicles parked at a factory in Shenyang, Liaoning province. There were 123 car production plants last year, and the number is expected to rise to 140 by 2017. Photo: Reuters

Chinese car market falls prey to overcapacity

Sales are falling short as carmakers go on factory construction binge

Topic |   Chery Automobile

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New vehicles parked at a factory in Shenyang, Liaoning province. There were 123 car production plants last year, and the number is expected to rise to 140 by 2017. Photo: Reuters
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