Deng Xiaoping travels in a Hongqi limousine while reviewing the troops at Tiananmen Square during the National Day parade in 1984. Photo: Xinhua

China’s luxury car brand continues to fight for market share

Government invested US$1.6 billion over four years in ‘Red Flag’ brand, but flagship model sold only 5,000 units last year

Topic |   China Society

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Deng Xiaoping travels in a Hongqi limousine while reviewing the troops at Tiananmen Square during the National Day parade in 1984. Photo: Xinhua
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